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- Published:
- 2016.03.25 15:22
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Author: CrazyChart
This indicator belongs to the oscillator group.

This indicator belongs to the oscillator group.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7202

The TRIX indicator represents the rate-of-change percentage, smoothed by the exponential МА of the closing price.

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