Indicators: TRiX
Hi,
This is an interesting indicator since it displays different extremes than RSI or MFI.
I would like to use it for taking profits, but unfortunately it produces very different values at Highs and Lows.
I wonder whether it is possible to squeeze the value into a fixed scale, i.e. +50 to -50 or similar?
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TRiX:
TRiX
Author: Mladen Rakic