Category: Momentum · Complexity: ★☆☆☆☆ (1/5)
Tags: momentum, live-overlay, price
Live chart overlay: TRIX
Formula
TRIX = 1-period rate of change of a triple-smoothed EMA
How to read
Zero-line and signal-line crosses mark momentum polarity with heavy smoothing.
Limitations
Triple EMA adds lag. Misses short swings.
Typical settings
15, signal 9
TRIX is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.