This indicator is both the TRIX + MACD all in one inidicator -- a + sign is displayed whenever the trix crosses
This indicator applies the RSI formula over the TRIX indicator to get the TRIX RSI. The EMA and the TRIX RSA cross gives you an indication for a trend change
NOTE: Because the originally released script failed to comply with the House Rule in the description, it was banned. After revising and reviewing the description, it is republished again. Please forgive the inconvenience caused. Level: 1 Background The Triple Exponential Moving Average (TRIX) indicator is a strong technical analysis tool. It can help...