OPEN-SOURCE SCRIPT
TRIX Histogram R1-12 by JustUncleL
Updated
Created by request.
Description:
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to highlight signal line crosses).
References:
Description:
This study is an implementation of the Standard TRIX indicator (a momentum oscillator), shown in coloured histogram format by default, with optional Bar colouring of TRIX zero cross overs. Other options include showing TRIX as a line graph instead of histogram and an optional TRIX signal line with difference histogram (to highlight signal line crosses).
References:
- forex-indicators.net/momentum-indicators/trix
- "TRIX MA" by munkeefonix
Release Notes
... More signals- Added Signal line crossover bar colouring and all TRIX crosses highlighted.
- Added Implied GPL Copyright notice.
- Changed Signal line crosses to "+", instead of arrow for better visibility. (R2.1)
- Added Alerts for crossovers. (R2.1)
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 publication is governed by House rules. You can favorite it to use it on a chart.
JustUncleL
Disclaimer
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