Analyzing the combination of the Triple Exponential Moving Average Oscillator (TRIX) with the Williams Percent Range (WPR) offers insights into trend signals and market conditions. TRIX, a momentum oscillator using triple exponential moving averages, is valuable for filtering out noise and confirming trends. Its crossover above or below the zero line indicates potential trend reversals or confirmations. Meanwhile, the WPR identifies overbought and oversold conditions, serving to highlight support and resistance levels.

When testing these indicators on CHF JPY for the 4-hour time frame in 2023, ten distinct patterns emerged. Among these, the TRIX crossover paired with WPR pivoting can indicate trend shifts, and combining price divergence with TRIX and extreme WPR positions can suggest reversals. TRIX trending behavior with WPR position further r...

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