IGTRIXIndicator Class Reference
|Inherits from||IGStrategyBasedIndicator : IGFinancialIndicator : IGFinancialSeries : IGSeries : NSObject|
The IGChartView™ control’s TRIXIndicator is a measure of momentum used to identify overbought or oversold securities. Like other oscillators, TRIX scores hover around zero. A positive value indicates an overbought security while a negative value indicates an oversold one. TRIX is calculated using a triple exponential smoothed moving average of the price over a specific period of time. A signal line is frequently used to indicate where a security’s price is likely to be in the future.