The Triple Moving Average (TRIX) Cloud indicator for Metatrader 5 generates reliable buy/sell trading signals to all kind of Forex traders.
The indicator appears as a TRIX cloud, which alternates between green and orange colors.
To trade Forex using this indicator, follow these simple rules:
- A green colored cloud generates a buy signal.
- An orange colored cloud generates a sell signal.
You have the flexibility to customize the indicator inputs and parameters, including the period, cloud up color, and cloud down color to suit your preferences.
The TRIX Cloud indicator is effective and can be used with all trading instruments available on the MT5 charting platform.
This technical tool is versatile and works equally well for scalpers, day traders, and swing traders.
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Chart Example EURUSD M30
The following picture shows what the TRIX Cloud indicator looks like when applied to the MT5 chart.
How To Buy And Sell Currency Pairs With The TRIX Cloud Indicator?
Find a simple trading strategy below:
Buy Signal
- A buy signal is triggered when the green colored TRIX cloud appears in the chart.
- Open a buy market order and place a stop loss below the most recent swing low.
- Exit the buy trade when the predetermined take profit target is reached.
- Alternatively, wait for a sell signal cloud before closing the buy trade.
Sell Signal
- A sell signal is triggered when the orange colored TRIX cloud appears in the chart.
- Open a sell market order and place a stop loss above the most recent swing high.
- Exit the sell trade when the predetermined take profit target is reached.
- Alternatively, wait for a buy signal cloud before closing the sell trade.
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MT5 Trading Strategy: Trix Cloud Support Breakout System
This strategy combines the dynamic trend-tracking power of the Trix Cloud Forex Indicator with the precision levels from the FXSSI Support and Resistance Indicator.
It is designed to capture trend continuation setups that break through key support or resistance zones.
Indicators Used
- Trix Cloud: Provides a smoothed triple exponential moving average with cloud visualization for trend direction and momentum strength.
- FXSSI Support and Resistance: Plots major S&R levels based on historical price reactions, giving reliable zones for breakout or bounce trades.
Timeframes
Best used on M15, M30, or H1 timeframes. It’s suitable for intraday traders who want clean, technical setups with minimal lag.
Buy Entry Rules
- The Trix Cloud turns green and price is trading above the cloud, indicating bullish trend strength.
- Price breaks above a resistance level marked by the FXSSI Support and Resistance Indicator.
- Enter a long position after the breakout candle closes above the resistance zone.
- Place a stop-loss just below the broken resistance (now acting as support) or below the Trix Cloud.
- Target the next resistance level or apply a 2:1 reward-to-risk ratio.
Sell Entry Rules
- The Trix Cloud turns red and price is trading below the cloud, showing bearish trend momentum.
- Price breaks below a support level identified by the FXSSI indicator.
- Enter a short position after a strong bearish candle closes beneath the support zone.
- Set stop-loss just above the broken support (now resistance) or above the Trix Cloud.
- Use the next support zone as your take-profit level, or a fixed 2x reward-to-risk setup.
Strategy Tips
- Avoid trading inside the Trix Cloud — wait for clear breaks and trend direction.
- Combine this system with a news filter to avoid false breakouts during low-liquidity periods.
- Higher timeframe confluence (e.g., H4 trend direction) can further improve accuracy.
Conclusion
The Trix Cloud Indicator helps you stay aligned with the trend, while the FXSSI Support and Resistance Indicator provides clear technical levels for strategic breakouts.
This combination forms a reliable system for trend-following traders who value clean chart structure and momentum confirmation.
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the trixcloud.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
