Hi Charlie,
Thank you for finding problem with TRIX trading system. It's definition was wrong. EMA(9) should have been applied on TRIX instead of Closing price. Next update will have updated definition.
Your suggested change can in fact be used too, but that will be another trading system. If you get good result of that trading system I will be glad to add that to Stockalyze. :)
I case you are interested the attached images show corrected definition of TRIX trading system.
Thanks,
Sacha
Thank you for finding problem with TRIX trading system. It's definition was wrong. EMA(9) should have been applied on TRIX instead of Closing price. Next update will have updated definition.
Your suggested change can in fact be used too, but that will be another trading system. If you get good result of that trading system I will be glad to add that to Stockalyze. :)
I case you are interested the attached images show corrected definition of TRIX trading system.
Thanks,
Sacha