OPEN-SOURCE SCRIPT

NeoChartLabs Trixx

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One of our Favorite Indicators - The Trixx - The Trix with K & J lines for extra crossovers and trend analysis. Best when used on the 4hr and above.

Shout out to fauxlife for the original script, we updated to v6.

The TRIX indicator (Triple Exponential Average) is a momentum oscillator used in technical analysis to show the percentage rate of change of a triple-smoothed exponential moving average, helping traders identify overbought/oversold conditions and potential trend reversals by filtering out minor price fluctuations. It plots as a line oscillating around a zero line, often with a signal line (an EMA of TRIX) for crossovers, and traders look for divergence with price or signal line crosses for buy/sell signals

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