{"id":2409,"date":"2010-02-17T15:26:37","date_gmt":"2010-02-17T09:56:37","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=2409"},"modified":"2010-07-09T15:22:16","modified_gmt":"2010-07-09T09:52:16","slug":"triple-exponential-average-application-chart","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/triple-exponential-average-application-chart\/","title":{"rendered":"Triple Exponential Average : Application & Chart"},"content":{"rendered":"

The\u00a0triple exponential average (TRIX) indicator is an\u00a0oscillator. TRIX is usually used to identify oversold and overbought markets, and it can also be used as a\u00a0momentum indicator. TRIX, like other common oscillators, oscillates around a zero line. A positive value indicates an overbought market while a negative value indicates an oversold market when it is used as an oscillator. A positive value suggests momentum is increasing while a negative value suggests momentum is decreasing when TRIX is used as a momentum indicator. Many analysts believe that\u00a0when the\u00a0TRIX crosses above the zero line it gives a buy signal, and when it closes below the zero line, it gives\u00a0a sell signal. Also, divergences between price and TRIX can indicate significant turning points in the market.<\/p>\n

As well as a momentum indicator, TRIX<\/strong> (the Triple Exponential Moving Average<\/strong>) is an oscillator which follows overbought and oversold markets. For that watch a negative value demonstrate an oversold market and positive value to demonstrate an overbought market. When TRIX is used as a momentum indicator, a negative value suggests momentum is decreasing while a positive value suggests increasing momentum. Some analysts think that the TRIX crossing above the zero line is a purchase signal and a closing below the zero line is a sell signal. Distinction between price and TRIX can also show important market turning points.<\/p>\n

Triple Exponential Moving Average Formula<\/h2>\n

Below is the formula for the triple exponential moving average:<\/p>\n

(3 * EMA) – (3 * EMA of EMA) + EMA of EMA of EMA)<\/p>\n

Where:<\/p>\n

EMA = n-day exponential moving average<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The\u00a0triple exponential average (TRIX) indicator is an\u00a0oscillator. TRIX is usually used to identify oversold and overbought markets, and it can also be used as a\u00a0momentum indicator. TRIX, like other common oscillators, oscillates around a zero line. A positive value indicates an overbought market while a negative value indicates an oversold market when it is used […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[6436,6437,8410,6431,6434,6435],"class_list":{"0":"post-2409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general","7":"tag-application-of-triple-exponential-average","8":"tag-chart-of-triple-exponential-average","9":"tag-featured","10":"tag-triple-exponential-average","11":"tag-triple-exponential-average-application","12":"tag-triple-exponential-average-chart","13":"entry","14":"has-post-thumbnail"},"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=2409"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2409\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=2409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=2409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=2409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}