TRIX — what it is and how to use it in trading
Definition
TRIX is a momentum oscillator built on triple-smoothed exponential moving averages (an EMA of an EMA of an EMA of the close), followed by the rate of change of that smoothed value. The triple smoothing filters out a lot of small market noise.
How it works in the builder
The trix operand takes a period parameter (default 15) — the period of each of the three sequential smoothings. It returns a percentage value oscillating around zero.
What it looks like on the chart
Drawn as a separate panel as a smooth line with no fixed bounds — noticeably smoother than ROC or MACD over a comparable period, thanks to the triple smoothing.
Typical use
A zero-line crossover is read as a shift in longer-term momentum, with fewer false triggers than "twitchier" oscillators. Typical condition: trix(15) crossed_above 0 as a trend entry filter.
Common pitfalls
The same triple smoothing that cuts noise also means significant lag — TRIX confirms a momentum shift noticeably later than ROC or a plain RSI over a similar period.
This block is available in the strategy builder
137 no-code blocks — build an entry condition with this term and test it on history
Historical results do not guarantee future ones. The service is an informational and analytical tool, not an individual investment recommendation; trades are not executed.