Trix Super Signal Metatrader 4 Forex Indicator
The Trix Super Signal Metatrader 4 indicator is a profitable FX indicator that suits all currency pairs, along with a diverse array of time frames.
The indicator once activated pops up within its own window (i.e. sub-window), at the lower end of the chart.
Two averages and directional arrows comes into play during price action to depict market trend.
Pro and newbie traders who are seeking to expand on their market reach can suitably incorporate the Trix Forex indicator into their trading system for enhanced results.
- In a bit to fully understand the workings of the Trix indicator, more attention should be paid to the crossover of the fast and slow period signal lines within the indicator window.
- The region above/below the zero-horizontal level denotes bullish/bearish market sentiments. Meanwhile, when the slow signal line crosses above/below the fast signal line above/below the zero-center level, more credence is given the bearish/bullish market alert respectively.
- Directional colored arrows are also added to the Trix Super Signal indicator to give traders more information on the direction the trend is going. Lime arrows denote bullish trend, while red arrows signal bearish trend.
Feel free to explore the Trix Super Signal Forex indicator’s different parameters and settings to create your own personalized indicator setup.
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Trix Super Signal Forex Indicator Chart (AUD/JPY H1 Chart Example)
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
Finding Buy and Sell Triggers With The Trix Super Signal MT4 Indicator
Buy Signal: Go long when the lime upward pointing arrow of the Trix MT4 indicator pops up below the zero-signal level.
When the silver histograms of the Moving Average of Oscillator metatrader indicator takes up position above the 0.00 signal level, it is a buy confirmation.
Sell Signal: Go short when the red downward pointing arrow of the Trix MT4 Indicator pops up above the zero-signal level.
When the silver histograms of the Moving Average of Oscillator metatrader indicator takes up position below the 0.00 signal level, it is a sell signal confirmation.
Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the Trix indicator prints a red arrow above the 0.00 signal level. Else, the silver histogram of the Moving Average of Oscillator gets printed below its mid-zero signal level.
Exit sell trade: Close all sell orders if while a bearish trend is on course, the Trix indicator prints a lime arrow below the 0.00 signal level. Else, the silver histogram of the Moving Average of Oscillator gets printed above its mid-zero signal level.
Tips: The Trix Super Signal MT4 Indicator is a rich technical indicator that is able to fit into the needs of scalpers, day and swing traders alike.
It is a standalone technical tool, but there’s always room for every indicator to combine and yield amazing trading systems.
The Trix Super Signal indicator can outperform itself when used in combination with indicators like OsMA, MACD, Alligator, etc.
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Show signal, 1, fast period, slow period, b, hot, 2, indicator line window, show divergence, divergence up color, divergence down color, show chart trend lines, show sub window trend lines, show tr tend lines 1m chart, alerts how on divergence, alert sound on divergence.
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: Trend
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.