TRIX (15,9) shows the percentage rate of change of a triple-smoothed EMA. It filters insignificant price movements. The Signal line (9-period EMA of TRIX) provides crossover signals.
Parameters (15,9)
Bullish: TRIX > 0 — upward momentum
Bearish: TRIX < 0 — downward momentum
Interpretation
Bullish: TRIX crossing above Signal or zero
Bearish: TRIX crossing below Signal or zero
Very smooth indicator, filters noise
Data refreshes periodically — not real-time
Trading Signals
Buy: TRIX crosses above zero line
Sell: TRIX crosses below zero line
Signal-line crossovers fire earlier than zero-line crosses
Price Overlay
Close Price: Daily closing price (right Y-axis)
TRIX divergence from price = smoothed trend change
TRIX crossing zero + price trending = confirmation