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Old 06-17-2008, 07:34 AM   #1 (permalink)
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Default TRIX - Triple Exponential Smoothing Oscillator

TRIX - Triple Exponential Smoothing Oscillator

As a momentum indicator, this oscillator is based on smoothed moving averages and their momentum to avoid insignificant daily price movements and to aid timing.

Overview

TRIX, developed by John Hutson, displays the percent rate-of-change of a triple exponentially smoothed moving average using an equity's closing price.
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