Trix Log Indicator for MT5 FREE DOWNLOAD

Technical indicators are essential tools for traders in the financial markets. They assist in analyzing price data, identifying trends, and making informed trading decisions. The Trix Log Indicator is one such powerful tool designed to help traders detect trend reversals and generate trading signals. In this comprehensive guide, we will explore the Trix Log Indicator, understand its key features, and provide step-by-step instructions on how to download and use it on the MT5 platform.


The Trix Log Indicator is a popular technical analysis tool based on the Triple Exponential Average (TRIX) formula. It measures the percentage rate of change in a triple exponentially smoothed moving average of price data, providing traders with insights into price momentum and trend strength. The log transformation in the Trix Log Indicator further enhances its ability to detect subtle changes in price movements.

Understanding the Trix Log Indicator

The Trix Log Indicator is built on the concept of the Triple Exponential Moving Average (TEMA), which is calculated by applying three exponential moving averages to the price data. The TEMA helps reduce lag and enhances the indicator’s responsiveness to recent price changes. The Trix Log Indicator then applies a logarithmic transformation to the TEMA values, providing a clear view of price momentum.

When the Trix Log Indicator line is rising, it indicates bullish momentum, suggesting a potential uptrend in the market. Conversely, a falling Trix Log line suggests bearish momentum and the possibility of a downtrend. Traders can use the Trix Log Indicator to generate buy or sell signals based on crossovers and divergences.

Key Features of the Trix Log Indicator for MT5

  1. Triple Exponential Moving Average: The Trix Log Indicator incorporates the Triple Exponential Moving Average (TEMA) to reduce lag and enhance responsiveness.
  2. Logarithmic Transformation: The log transformation allows traders to view price momentum more clearly, facilitating the detection of subtle changes in trend strength.
  3. Customizable Parameters: Traders can adjust the indicator’s parameters, such as the period for TEMA calculation, to align with their trading strategies and timeframes.
  4. Signal Generation: The Trix Log Indicator generates buy and sell signals based on crossovers and divergences, aiding traders in identifying potential entry and exit points.

How to Download the Trix Log Indicator for MT5

The Trix Log Indicator can be downloaded for free from various online sources that offer custom MT5 indicators. To install the indicator on your MT5 trading platform, follow these simple steps:

  1. Search for a reputable website or forum that provides free MT5 indicators.
  2. Locate the Trix Log Indicator or search for similar TRIX-based indicators.
  3. Download the indicator file to your computer.
  4. Launch your MT5 trading platform.
  5. Click on the “File” menu in the top-left corner and select “Open Data Folder.”
  6. Find the “MQL5” directory and locate the “Indicators” folder.
  7. Copy the downloaded Trix Log Indicator file into the “Indicators” folder.
  8. Restart your MT5 platform.
  9. The Trix Log Indicator will now be available in the “Navigator” window, under the “Indicators” section.

How to Use the Trix Log Indicator

Once you have successfully installed the Trix Log Indicator on your MT5 platform, follow these steps to utilize it effectively:

  1. Open the desired price chart for the financial instrument you wish to analyze.
  2. Drag and drop the Trix Log Indicator from the “Navigator” window onto the price chart.
  3. Adjust the indicator’s parameters, such as the period for TEMA calculation, to match your trading preferences.
  4. Analyze the Trix Log Indicator line on the chart. A rising line indicates bullish momentum, while a falling line suggests bearish momentum.
  5. Look for crossovers and divergences between the Trix Log line and price movements to generate buy or sell signals.
  6. Consider using the Trix Log Indicator in conjunction with other technical tools, such as trendlines or support/resistance levels, for additional confirmation.


The Trix Log Indicator is a powerful tool for traders seeking to identify trend reversals and assess price momentum. With its logarithmic transformation of the Triple Exponential Moving Average (TEMA), the indicator provides a clearer view of price momentum, helping traders make well-informed trading decisions.

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