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You liked the script? Try it in the MetaTrader 5 terminal
Trix with LR signal - indicator for MetaTrader 5
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- 5051
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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
Corrected T3
STD Trend Envelopes of Averages - multi time frameSTD Trend Envelopes of Averages - multi time frame