The Vortex Indicator compares upward and downward price movement. When VI+ crosses above VI−, a new uptrend may be starting. TRIX is the rate of change of a triple-smoothed EMA: almost no noise, so its zero line is a clean momentum filter.
The Vortex Indicator compares upward and downward price movement. When VI+ crosses above VI−, a new uptrend may be starting. TRIX is the rate of change of a triple-smoothed EMA: almost no noise, so its zero line is a clean momentum filter.
The rest of this lesson includes the exact rules, diagrams, live chart examples, a checklist and a practice drill. Premium members get all 101 lessons.