Triple Exponential Moving Average MetaTrader 5 Download - Free - [Trading Search] - MT4/MT5 Resources

On June 24, 2025, in version 2, the indicator added alert/notification functionality

The Triple Exponential Moving Average (Trix) indicator in MetaTrader 5 is a powerful tool that helps traders determine price momentum and identify overbought and oversold conditions.

This trading tool generates signals by displaying blue arrows (Buy signal) and red arrows (Sell signal) . This indicator uses exponential moving averages (EMA) to predict price movements and generate trade entry signals.

Trix indicator table

Indicator Overview

Trix Triple Exponential Moving Average is a momentum- based oscillator that provides buy and sell signals. It helps traders decide to enter and exit trades based on price changes. The Trix indicator uses triple exponential moving averages to generate trading signals.

Buy signal in an uptrend

The price chart of the EUR/USD currency pair on a 30-minute time frame shows how this indicator generates buy signals during an uptrend. As shown in the picture, the blue line crosses the red line and the indicator shows a blue arrow, indicating a buy.

Sell ​​signal in downtrend

The price chart of the NZD/USD currency pair on the 1-hour time frame shows how this indicator generates sell entry signals during a downtrend. As shown in the picture, the blue line passes below the red line and the indicator shows a red arrow, indicating Sell entry .

Indicator Settings

• Trix Period: The indicator calculation period is set to 14
• Signal Period: The signal calculation period is set to 8
• Signals: The signal display is set to 233
• CountBars: The number of candles to count is set to 234

Conclusion

The Triple Exponential Moving Average (Trix) is an MT5 volatility indicator that can assess overbought and oversold conditions. It acts as a leading indicator and can detect any divergence on the chart, helping traders identify trends and trade accordingly.