Description: This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to highlight signal line crosses).
JustUncleL You are awsome, i was mind blown away to see the amount you have contributed..Appreciate your efforts and contribution
ckd82
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Rise (TRIX, 3)? Lime: Green: Dropped (TRIX, 3)
What does 3 mean?
JustUncleL
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@ckd82, The 3 refers to number of candles used to test rising or falling curve.
ckd82
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@JustUncleL, Does that mean prophecy with three candles?
Thanks for the reply
ckd82
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rising(TRIX,3)?lime:green : falling(TRIX,3)
3은 무엇을 의미하는건가?
dhakatesachin
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This indicator are free
joaorobertovaz
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Hi JustUncleL, thanks for this script. It is part of my daily setup. I just would like to ask a small change (I know I'm boring and perfeccionist) to invert the colors MAROON:RED TO RED:MAROON when mark is going down, line 112:
The idea is to consider the strongest RED color when the movement is going down untill it it beggins to lose its strenght and becomes dark RED, exactly what we have when market going up and it is above the center line in GREEN.
Thanks a lot and greeting from Brazil.
ThiagoFrank
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Hi @JustUncleL!! I'm a big fan of your scripts, and I am using then a lot to trade! I really liked this indicator and would like to know if it is possible to use it directly on the chart? I tried to add "overlay=true" option but the signal I need most "Zero Cross UP" stops working ....
JustUncleL
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@ThiagoFrank, Sorry I don't use this type of indicator as an overlay as it already colors bars on the crossovers.