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DeskIndicators

TRIX

How much a very smooth average changed from the previous bar, in percent.

TRIX shows the one-bar percent change of a very smooth average of the close. It is its own pane under the candles. It needs many bars before the first value. A dashed line sits at 0.

Default length is 18. Above zero the smooth average rose from the previous bar; below zero it fell. Crossing zero is a common read, not a signal by itself.

Settings: gear on the pane bar — see Indicators.