The 'close' argument is an array that contains the close prices.

The 'period' parameter defines the period for the calculations - it must be a constant greater or equal to 1.

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TRIX

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Syntax

TRIX(close; period)

The 'close' argument is an array that contains the close prices.

The 'period' parameter defines the period for the calculations - it must be a constant greater or equal to 1.

Result

The result is an array. The first 'period' elements of the result are marked as invalid.

Description

The TRIX indicator is based on a triple exponential moving average of the closing price and is designed to filter out insignificant cycles and show the prevailing trend of the stock. Triple smoothing reduces volatility and minimizes the chance of false signals.

Related Examples

Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators