Triple Exponential Average (TRIX) (TRIX)

TRIX is the 1-period rate of change (ROC) of a triple-smoothed exponential moving average. The calculation: 1) Apply EMA to price (default 30-period), 2) Apply EMA to that EMA, 3) Apply EMA to the second EMA, creating a triple-smoothed EMA, then 4) Calculate the 1-period percentage rate of change of the triple EMA. This extensive smoothing filters out insignificant price cycles and noise, leaving only major trend changes visible. TRIX oscillates around zero with no bounds - positive values indicate uptrend, negative indicate downtrend.

Cryptocurrency traders use TRIX as a heavily filtered momentum indicator that eliminates noise and focuses on significant trends. TRIX crossing above zero signals major uptrend start (buy); crossing below zero signals major downtrend start (sell). The triple smoothing means TRIX generates few but high-quality signals - it's designed to catch only substantial trends while ignoring short-term fluctuations. TRIX divergences with price are particularly significant due to the heavy smoothing. Ideal for position traders and swing traders who want to filter market noise and focus on major moves. Combine with volume for confirmation, with unsmoothed indicators (RSI, MACD) for timing entries within the TRIX trend direction.