SC MTF Trix MT4

What is TRIX?

TRIX is a momentum oscillator that displays the rate of change of a triple exponentially smoothed moving average. The indicator is calculated by applying three consecutive Exponential Moving Averages (EMA) to the price, then measuring the percentage change between bars.

TRIX reduces minor price fluctuations and helps identify trends. The oscillator fluctuates around zero line - positive values indicate bullish momentum, negative values indicate bearish momentum. Crossovers between Fast and Slow TRIX lines, as well as zero line crossovers, are commonly used as trading signals.

Features:

• Dual-line TRIX indicator: Fast TRIX and Slow TRIX
• Visual signal markers with arrows and vertical lines
• Three independent signal buffers with configurable triggers
• Two-line signal detection options: direction change, line cross, level cross, peak/valley
• Configurable alert functions for each signal (email, push, sound, popup)
• Multi-timeframe (MTF) capability with interpolation methods
• Multiple color modes for two-line indicators
• Custom indicator call (iCustom) buffer access for Expert Advisor (EA) integration

Input Parameters:

• Basic Settings:
  • Fast TRIX period / Slow TRIX period: Configure calculation periods (default: 20 and 35).
  • Applied price: Select price type for TRIX calculation.
  • TRIX timeframe: Choose timeframe for MTF display.
  • MTF Interpolation mode: Select smoothing method (Off, Linear, Smooth, Weighted, Simple Moving Average).
• Levels Settings:
  • Show level: Toggle level line visibility.
  • Adjust level value: Set custom level position.
  • Level appearance: Customize color, style, and width.
• Signal Settings:
  • Signal 1/2/3 trigger: Configure detection type (direction change, line cross, level cross, peak/valley for Main/Signal/Both lines).
  • Visual markers: Enable arrows and vertical lines with customizable size, style, and position.
  • Arrow customization: Set Wingdings codes and colors for up/down signals.
• Alert Settings:
  • Alert timing: Choose when alerts trigger (Off, After close, Before close, Both).
  • Alert interval limit: Set minimum minutes between repeated alerts.
  • Time range filter: Restrict alerts to specific hours.
  • Delivery methods: Enable email, push, popup, and sound notifications.
• Color and Style Settings:
  • Color mode: Select from multiple modes (simple, cross detection, direction-based, level-based, MTF-precise).
  • Histogram mode: Display lines as histogram bars.
  • Line appearance: Customize colors (4 per line), style, and width for Main and Signal lines.