Trix TURBO
- Indicators
- Anderson De Assis
- Version: 1.12
- Activations: 8
3 Indicators Joining Forces!
The Trix TURBO is an indicator from the oscillator family, customized for MetaTrader 5, that combines the Triple Exponential Moving Average (TRIX) oscillator with the Parabolic SAR (SAR) for dynamic coloring and a simple Moving Average (MA) for smoothing.
This tool provides a visual representation of momentum and trend direction in a separate window. The TRIX line (or histogram) is colored based on the SAR position relative to the price: aqua for potential uptrends (SAR below the price) and coral for potential downtrends (SAR above the price). The included MA helps identify possible crossovers for entry/exit signals.
Key Features:
- Customizable TRIX period, applied price, and MA parameters.
- SAR step and maximum values to adjust trend sensitivity.
- Display option as colored line or histogram for better visualization of strength and divergences.
- User-defined colors for uptrends and downtrends.
- Presentation mode in a separate window, as a line (traditional) or histogram.
Designed for use on various timeframes and assets like forex, indices, or stocks. It does not guarantee profits and should be used as part of a broader trading strategy. Test in a demo account before live trading.
