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==== TRIX ==== | ==== TRIX ==== | ||
- | A momentum indicator showing the percent rate-of-change of a triple exponentially-smoothed moving average. Like other oscillators, TRIX oscillates around a zero line. Its triple exponential smoothing makes it an excellent filter of market noise and it functions well as a leading indicator of market trends. See our ChartSchool article on [[:technical_indicators:trix|TRIX]] | + | A momentum indicator showing the percent rate-of-change of a triple exponentially-smoothed moving average. Like other oscillators, TRIX oscillates around a zero line. Its triple exponential smoothing makes it an excellent filter of market noise and it functions well as a leading indicator of market trends. See our ChartSchool article on [[:technical_indicators:trix|TRIX]]. |
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+ | ==== TTM Squeeze ==== | ||
+ | A volatility and momentum indicator used to identify periods of consolidation and indicate the likely direction of a resulting move. Volatility is measured by looking for a squeeze: trading days where the security's Bollinger Bands are completely enclosed within the security's Keltner Channels, indicating very low volatility. Once the Bollinger Bands expand and break outside the Keltner Channels, the squeeze has "fired" and the security is likely to make a big price move. The momentum component of the indicator helps to determine the likely direction of that move. See our ChartSchool article on [[:technical_indicators:ttm_squeeze|TTM Squeeze]]. | ||
==== Typical Price ==== | ==== Typical Price ==== | ||
The average of the high, low and close. Typical Price = (High + Low + Close)/3. | The average of the high, low and close. Typical Price = (High + Low + Close)/3. |