bixord

Bixord: THV3 TRIX

THV3 Trix helps you catch reversals. But remember, don't go against the trend.
You can use an EMA 50 to detect the overall trend or any other trend indicator of your choice

How to use:

Go long when price is > 50 EMA and THV3 TRIX turns green
Go short when price is < 50 EMA and THV3 TRIX turns red
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?