Hey there, fellow traders! Today, we're diving into an exciting variant of the TRIX indicator that utilizes Wilder's double smoothed EMA. What sets this version apart is the introduction of floating levels for signals—no more fixed levels!
- Color change when the outer levels cross
- Color change on the cross of the middle (dynamic zero) level
- Color change when there's a slope change
How to Use It:
The color changes can serve as your trading signals, making it easier to spot opportunities in the market.
Comments 0