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- 4873
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- Published:
- 2018.08.24 10:50
- Updated:
- 2018.11.02 10:32
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In his article: "Playing TRIX: The Triple Exponential Smoothing Oscillator" Joe Luisi argues that using the linear regression value as a signal line for a TRIX is better than using a slope.
Without attempting to prove or disapprove is that is correct, here is the version that does that. The signals are not bad but some experimenting with parameters is advised.
![Corrected T3](https://c.mql5.com/i/code/indicator.png)
Corrected T3
![STD Trend Envelopes of Averages - multi time frame](https://c.mql5.com/i/code/indicator.png)
STD Trend Envelopes of Averages - multi time frame