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TRIX Double Smoothed EMA using Wilder - Floating Levels - MetaTrader 5 Script

author EAcpu | 2 reads | 0 comments |

TRIX using Wilder's double smoothed EMA - floating levels - indicator for MetaTrader 5

This is a variation of the trix that uses Wilder's double-smoothed EMA and has floating levels instead of fixed signal levels. You can choose:

You can use color changes as signals

TRIX using Wilder's double smoothed EMA - floating levels - indicator for MetaTrader 5


Attachment download

📎 trix_fds_wilder_ema88fl2.mq5 (14.91 KB)

Source: MQL5 #24145

TRIX Double Smooth EMA using Wilder - Floating Levels - MetaTrader 5 script usage and screening recommendations

TRIX Double Smoothed EMA using Wilder - Floating Levels - MetaTrader 5 script is a resource related to trading scripts. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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