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TRIX System S&C

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;