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- Published:
- 2016.03.25 15:21
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Author: convert FinGeR Alex orginal by Luis Damiani
Interpretation of the TRIX generator is quite simple. When the generator values rise one should buy, and sell when the values fall. Moving averages are commonly used to get the smoothed TRIX generator.

Interpretation of the TRIX generator is quite simple. When the generator values rise one should buy, and sell when the values fall. Moving averages are commonly used to get the smoothed TRIX generator.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7198

When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from the "standard" level.

Smoothing for the ADX indicator. Recalculates the specified number of bars at every tick (not optimized)

This indicator belongs to the oscillator group.

The SMI indicator. Based on the "Momentum, Direction, and Divergence" book by Blau.