Article/Author: "Playing TRIX: The Triple Exponential Smoothing Oscillator", Joe Luisi, S&C Magazine, Traders Tips, 06/1997

Download: TRIX S&C Str.ela

File Includes:
Signal - TRIX System S&C
Function - newTRIX

Category: Strategy > TRIX System S&C

Inputs:
Price
TrixLen
TSLen
ZeroCrss
AvgCrss

Description:

Signal TRIX System S&C ELA Code:

INPUTS: PRICE(CLOSE), TRIXLEN(3), TSLEN(8), ZEROCRSS("Y"), AVGCRSS("Y");

VARS: TRXVAL(0), AVGTRX(0), ZERO(0);



TRXVAL = NEWTRIX(PRICE, TRIXLEN);

AVGTRX = LINEARREGVALUE(TRXVAL, TSLEN, 0);



IF UPPERSTR(ZEROCRSS) = "Y" THEN BEGIN

	IF TRXVAL CROSSES ABOVE ZERO THEN

		BUY ("B_ZCRSS") THIS BAR ON CLOSE;

	IF TRXVAL CROSSES BELOW ZERO THEN

		SELL ("S_ZCRSS") THIS BAR ON CLOSE;

END;



IF UPPERSTR(AVGCRSS) = "Y" THEN BEGIN

	IF TRXVAL CROSSES ABOVE AVGTRX THEN

		BUY ("B_AVGCRSS") THIS BAR ON CLOSE;

	IF TRXVAL CROSSES BELOW AVGTRX THEN

		SELL ("S_AVGCRSSS") THIS BAR ON CLOSE;

END;