MTF TRIX Divergence Pro: Hidden & Regular Pattern Detection

TRIX Divergence Pro: Multi-Timeframe Analysis with Hidden & Regular Pattern Detection

📊 This TRIX indicator with extended features enables you to analyze price action across multiple timeframes with divergence detection capabilities.

🔍 Multi-Timeframe Analysis

View TRIX simultaneously across three timeframes:
• Current Timeframe - For primary analysis
• Higher Timeframe - To identify the overall market trend
• Lower Timeframe - For precise entry timing

🔮 Divergence Detection

This indicator identifies four types of divergences:

• Regular Bullish Divergence (Yellow) ⬆️
Price makes lower lows but TRIX makes higher lows
Indication: Potential end of downtrend

• Regular Bearish Divergence (Blue) ⬇️
Price makes higher highs but TRIX makes lower highs
Indication: Potential end of uptrend

• Hidden Bullish Divergence (Green) ↗️
Price makes higher lows but TRIX makes lower lows
Indication: Potential buying opportunity during price correction

• Hidden Bearish Divergence (Red) ↘️
Price makes lower highs but TRIX makes higher highs
Indication: Potential selling opportunity during temporary price recovery

⚙️ Advanced Features

• Smart scoring system to filter out weak signals
• Customizable timeframe display (current, higher, lower, or all)
• Divergence detection on TRIX signal line
• Option to show only the last divergence to reduce chart clutter
• Adjustable divergence line thickness and style
• Minimum price and oscillator deviation filters to reduce noise

📈 Trading Strategies

“Trend Surfing” Strategy 🌊

• Use higher timeframe TRIX to identify the main trend
• Wait for a price correction in the trend direction
• Look for hidden divergence on the current timeframe
• Enter when price may resume in the main trend direction

“Trend Reversal Hunter” Strategy 🔄

• Identify regular divergence on the current timeframe
• Confirm it with regular divergence on the higher timeframe
• Wait for TRIX to cross its signal line
• Consider a counter-trend position with proper risk management

⚡ Recommended Settings

Balanced Profile 🔋

• TRIX Length: 17
• Signal Length: 14
• Pivot Period: 5
• TRIX Display: CURRENT+UPPER
• TRIX Divergence: CURRENT+UPPER
• Min Bars Between Divs: 10
• Min Div Strength: 1.5
• Use Scoring System: yes
• Min Score: 3.5

Trend Following Profile 🧭

• TRIX Length: 21
• Signal Length: 17
• Pivot Period: 6
• TRIX Display: CURRENT+UPPER
• TRIX Divergence: CURRENT+UPPER
• Min Bars Between Divs: 8
• Min Div Strength: 1.2
• Use Scoring System: yes
• Min Score: 3.0

Scalping Profile 🔍

• TRIX Length: 9
• Signal Length: 6
• Pivot Period: 3
• TRIX Display: CURRENT+LOWER
• TRIX Divergence: CURRENT+LOWER
• Min Bars Between Divs: 5
• Min Div Strength: 0.8
• Use Scoring System: no
• Last Divergence: yes

💡 Practical Tips

• “Stacked” divergences across multiple timeframes may provide stronger potential signals
• Consider using hidden divergences for trend trades and regular divergences for reversals
• When TRIX crosses zero in the higher timeframe, it may suggest a significant trend change
• Thicker divergence lines = potentially stronger signals (automatically displayed)
• In choppy markets, increase the minimum divergence strength to help filter out false signals
• Always combine indicator signals with other forms of analysis and confirmation

⚠️ Risk Disclaimer

Trading involves risk. This indicator provides analysis tools but cannot guarantee profitable trades. Past performance is not indicative of future results. Users should combine this indicator with proper risk management and their own analysis. Financial markets lack certainty, and each user is responsible for their trading decisions.

Trade responsibly.