Letters To S&C by Technical Analysis, Inc.
ARTICLE SYNOPSIS ...Letters To S&C by Technical Analysis, Inc.
TRIX: TRIPLE EXPONENTIAL SMOOTHING OSCILLATOR
I am very interested in the indicator
called TRIX, which was first described
and presented by your publisher, Jack
Hutson, in his July/August 1983 article
in STOCKS & COMMODITIES, "Triple
Exponential Smoothing Oscillator:
Good TRIX." I have a question about its
At the website StockCharts.com,
there is a graph of a TRIX calculation
plotted around what I call a zero baseline
with values above zero of 10%, 20%,
30%, and 40%, and values below zero
of 10%, 20%, and 30%: