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TRIX Reversal

By Adam Milton, About.com

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Add the TRIX

TRIX Reversal Chart

Add a 9 bar TRIX of the typical price (calculated as (High + Low + Close) / 3)).

If you are using Sierra Chart (or other charting software that allows you to color the TRIX bars), color the bars green when the TRIX is moving upwards, and red when the TRIX is moving downwards (or whatever colors you prefer). The color difference will make it easier to identify when the TRIX has changed direction.

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