Trix is a momentum oscillator used in forex trading to measure the rate of change of a triple-exponential smoothed Moving Average relative to the closing price of a selected financial instrument — such as a currency pair or stock.
Typically, a Trix indicator signal is generated when the line reverses direction and confirms the shift by crossing its signal (trigger) line. In this version, reversal points are clearly marked with arrows for ease of use. A histogram is also included to help assess trend strength.
ForTraders.org Commentary: Trix is a compelling alternative to conventional oscillators in your trading strategies. We recommend testing it thoroughly in live or demo conditions before integration.
Download the Trix Oscillator
FAQ
What does the Trix oscillator measure?
It measures the percentage rate of change of a triple-exponentially smoothed moving average — highlighting momentum shifts and potential trend reversals.
How do I interpret Trix crossovers?
A bullish signal occurs when Trix crosses above its signal line; a bearish signal when it crosses below. Arrows in this version mark these events explicitly.
Can Trix be used for divergence trading?
Yes — bearish divergence (price makes higher highs while Trix makes lower highs) and bullish divergence (price makes lower lows while Trix makes higher lows) are valid setups.
