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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 4724
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- Published:
- 2019.01.14 14:46
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Theory :
This indicator is a "corrected" version (using dr. Alexander Uhl's method for correcting an average) of Wilder's double smoothed EMA
Usage :
You can use color changes as signals

TRIX using Wilder's double smoothed EMA - with an addition of floating levels

TRIX (using double smoothed Wilder's EMA)

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CCI with on chart support and resistance levels