Created by request. Description: This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to...
1) Trix Ribbon =============================================================== This was built on request. Many Stock/FX traders overlay multiple Trix lines to form the ribbon, this indicator makes it easy. Also, optionally this can plot a BollingerBand on Trix_1. More info on Trix: stockcharts.com 2) High/Low/Close Trend Indicator ...
Updated vesion of the script including the crossover in the background can be found here: Trix with a EMA or SMA. Length: Length of the Trix Use Ema: True will use an ema, false will use an SMA. Moving Average: Moving Average used on the TRIX Value. Histogram Multiplier: Exaggerate the difference between the TRIX and Moving Average.
Follow the momentum - 2/4/8hr or Daily, take your pick. Use 2 or more TFs together for greater chance of a winning trade. Also brilliant for spotting divergence. This one is my favorite indicator.
Better version of the old-school TRIX trend indicator, a SMA for signaling and better visualization was added
Here we have the TRIX "0-line cross" strategy with EMA filter for trend detection. TRIX and EMA periods are customizable. Please use with caution !
This indicator is both the TRIX + MACD all in one inidicator -- a + sign is displayed whenever the trix crosses
This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI. The EMA and the TRIX RSA cross gives you an indication for a trend change
The trend is your friend. Works well on 2hr TF which shows 30+60 ema from 8hr and Daily TFs. Use a higher TF momentum indicator such as TRIX to confirm.
Best setting is 5, with a couple of signal lines set to 7 and 14 for crossovers or bounces.
TRIX Overlay + TRIX change Histogramm = simplest tactic to trade. Just use last counter trend fractal to place delayed order A counter trend fractal is a fractal down on TRIX uptrend or fractal up on TRIX downtrend. Use TRIX speed change histogramm to seek divergence
Volume weighted (optional) ALMA "TRIX" --------------------------------------- If you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
An example of using str.replace_all() function to extract a crypto ticker without its pair. It can be useful if you didn't know syminfo.basecurrency existed. I didn't know syminfo.basecurrency exists. Lol
It's a simple trend following system. Play with the setups. Works best on 30min and up timeframes. Look at the code for better understanding.