What is the Trix Crossover Indicator for MT4?

The Trix Crossover is a technical indicator identifying the point at which a trend changes direction. It is usually plotted as a series of lines on a chart, each representing a different time frame. The lines typically slope upward and then downward, pointing to where the trend changes direction.

Trix Crossover Indicator

Download the Free Trix Crossover Indicator

The Trix Crossover is often used in forex trading because it helps identify the point at which a currency’s value will suddenly increase or decrease. This can be useful for spotting potential opportunities to trade with directional bets.

How to use the Trix Crossover Indicator for MT4?

The Trix Crossover indicator can identify potential turning points in the forex market and help predict future trends. One key advantage of using the Trix Crossover indicator is that it allows traders to quickly and easily identify any emerging trend or if things are about to change direction. This can be useful for those who want to take advantage of short-term opportunities without getting too involved in the market.

The Trix Crossover indicator is available with the most popular brokers such as MT4, IQFeed, and eSignal. It is also a web application for those who prefer using their laptops and computers at work or home. For more advanced traders, there are also customizable versions of the Trix Crossover indicator allowing users to adjust settings such as indicators’ thresholds and lines’ colors.

Trix Crossover Indicator MT4 trading settings

The forex Trix Crossover indicator is composed of three different lines: a support line (yellow), a resistance line (red), and an intersection line (green). The green line represents the point where the two trendlines cross, known as the crossover point. The length and color of each bar vary depending on the underlying price pattern and market sentiment at that particular time.

Generally, the longer the green line, the stronger the signal indicating that a reversal may occur. In addition, if both red and green lines are long, then this suggests that an intense upward or downward pressure is present in the market and could increase or decrease in price. However, if only one of the lines is extended while the other is short or horizontal, this indicates weakness in one direction but not enough to force a change in order yet.

Trix Crossover Indicator Advantages

Trix has several advantages over other indicators and strategies used by traders. One key benefit is its ease of use. Unlike more complex technical indicators, Trix does not require extensive forex trading knowledge to operate effectively. This makes it suitable for new and experienced traders alike. Another advantage of Trix is its scalability. As traders collect and analyze more data, Trix’s predictive accuracy becomes more reliable and effective, allowing traders to make more informed decisions using less data.

Trix Crossover Indicator Disadvantages

However, some disadvantages are associated with using a technical indicator such as Trix Crossover Indicator. One drawback is that it can become tricky to use if you’re unfamiliar with the underlying hands used by the arrow. In addition, it’s essential to understand that all technical indicators have their drawbacks and limitations and should never be viewed as gospel. It’s up to each trader to decide whether Trix Crossover Indicator suits them based on their particular needs and goals.

Indicator installation on MT4

To install the Trix Crossover Indicator on MT4, follow these steps:

  1. Download the Trix Crossover Indicator file (.ex4 or .mq4) to your computer.
  2. Open your MT4 platform and click “File” in the top left corner.
  3. Select “Open Data Folder” from the drop-down menu.
  4. In the window that appears, open the “MQL4” folder and the “Indicators” folder.
  5. Copy the Trix Crossover Indicator file you downloaded into this “Indicators” folder.
  6. Close the data folder window and return to your MT4 platform.
  7. From the “Navigator” window on the left-hand side of the platform, find the “Indicators” folder.
  8. Click on the triangle next to the “Indicators” folder to expand it.
  9. You should now see the Trix Crossover Indicator listed.
  10. Drag and drop the Trix Crossover Indicator onto the chart you want to use it with.
  11. A window will allow you to adjust the indicator settings to your liking.
  12. Once satisfied with the settings, click “OK” to apply the Trix Crossover Indicator to your chart.

You should now see the Trix Crossover Indicator displayed on your chart.

Trix Crossover Indicator mt4

Trix Crossover Indicator mt4 free download


In this article, we have explained how to install the Trix Crossover Indicator on MT4. We have also covered some of this popular technical indicator’s key features and settings. If you are new to trading indicators or want to explore more advanced options, then it is recommended that you read our other guides on the subject.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Telegram Channel | Quora | Reddit

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