This is a variation of trix that is using Wilder's double smoothed EMA and which has floating levels instead of fixed levels for signals. You can chose :
Usage :
You can use color changes as signals

TRIX (using double smoothed Wilder's EMA)
TRIX (using double smoothed Wilder's EMA)
Time Based Moving Averages
Very handy Multiple Moving Averages for those who like to look at Price Action using several time periods...
Corrected double smoothed Wilder's EMA
Corrected double smoothed Wilder's EMA
Corrected double smoothed Wilder's EMA (extended version)
Corrected double smoothed Wilder's EMA (extended version)