TRIX (Function)

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The TRIX function calculates the percent rate-of-change of a triple exponentially smoothed moving average of the security's closing price.

Syntax

TRIX(Price, Length)

Returns (Double)

A numeric value containing TRIX for the current bar.

Parameters

Name	Type	Description
Price	Numeric	Specifies which bar value (price, function, or formula) to use.
Length	Numeric	Sets the number of bars to consider.

Remarks

TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of the security's closing price. The TRIX indicator oscillates around a zero line. Its triple exponential smoothing is designed to filter out noise.

Example

If you want to initiate a short position when TRIX crosses under zero you can write:

If TRIX(Close, 10) Crosses Under 0 Then
SellShort Next Bar at Market;