EURUSD, H1, 2012 February 13
See #1743
TRIX reading above zero suggests an uptrend, while reading below - a downtrend.
While above zero a rising TRIX line suggests acceleration higher while a declining line - still an upward move but at a slower pace, or a beginning of a reversal. Opposite true for the downtrend.
Using TRIX as a lagging indicator it could give some Confirmation signals.
...and related to the CCI-Indicator TRIX could give a confirmation afterwards (see the red C-circles).
See #1743
TRIX reading above zero suggests an uptrend, while reading below - a downtrend.
While above zero a rising TRIX line suggests acceleration higher while a declining line - still an upward move but at a slower pace, or a beginning of a reversal. Opposite true for the downtrend.
Using TRIX as a lagging indicator it could give some Confirmation signals.
...and related to the CCI-Indicator TRIX could give a confirmation afterwards (see the red C-circles).
Attached File(s)
Trix,5,3.mq4
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scalping with cci & trix 5,3.tpl
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