![]() In this case, we’ll track the coincidence of trends in the long and short terms. The Trix is below the zero line – Sell.Īs in the previous case, a trade should be closed without waiting for the momentum to fade and the opposite signal to occur.The signal is usually generated when the price leaves the flat zone and there is a chance of the beginning of the new trend: The given type of signal is more suited to trend trading. ![]() Therefore, if you’re not sure about the trend, it’s better to close a trade. In this case, the zero line tells us that the reversal momentum has finished and the trend phase comes next. You may set a fixed size Take Profit or close a trade when, for example, the Trix line crosses the zero line. It is recommended to close a trade without waiting for the opposite signal to occur. If the signal line crosses below the Trix, a Sell signal is generated.If the signal line crosses above the Trix, a Buy signal is generated.In this case, one needs to use the crossover of the Trix and the signal line to determine the exact time of reversal: When the Trix line is above the zero line, the price is in the overbought zone on the contrary, when the Trix is below it, the price is in the oversold zone. Crossover of the Trix and the signal line The Trix is a momentum indicator by its nature, but it also gives trend signals in addition to the reversal ones. Both these lines move in the same direction. ![]()
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