Indicators: TRIX candles

 

TRIX candles:

TRIX candles

TRIX candles

Author: Mladen Rakic

 
I believe I am seeing examples of Divergence when using this indicator. Do you think these divergences are valid? Thanks.
 
Great indicator. I have found this very useful in combination with the ATR. A great improvement would be alerts for crossing and change of color. Well done!