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TRIX (Triple Exponential Average Oscillator)

TRIX is a momentum oscillator that displays the percent rate of change of a triple exponentially smoothed moving average. It is used to identify oversold and overbought markets, as well as momentum.

Formula

TRIX = [(TEMA - previous TEMA) / previous TEMA] × 100

  • TEMA is the triple EMA of price

Parameters

  • period (default: 15): Period for all EMAs

Usage Example

import { TRIX } from '../src/trix';

const trix = new TRIX();
const result = trix.nextValue(close);
// result: TRIX value

Returns

A single number: the TRIX value for the current input.