Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Published by:: Nikolay Kositsin
Views:: 17012
Rating:: (19)
Published:: 2011.08.12 12:02
Updated:: 2023.03.29 13:43

\MQL5\Include\

smoothalgorithms.mqh (133.8 KB) view

t3.mq5 (5.55 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

Tim Tillson

T3 indicator is proposed by Tim Tillson in 1998.

The reason of development of this new moving average was to improve the noise filter and decrease a lag, presented in most of the moving averages. The indicator is based on multiple exponential smoothing of price. Trade signals are: buy when price crossover the indicator upward and sell in case of downward crossover.

The indicator uses CT3 class of SmoothAlgorithms.mqh library, the details can be found in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

T3 Moving Average Indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/424

MAMA

Mesa Adaptive Moving Average (MAMA) indicator.

ZerolagStochs

Stochastic Oscillator equivalent with a minimum lag.

Module of Trade Signals, Based on T3 Indicator

The downward crossover of T3 moving average is a signal to open a long position, the upward crossover of T3 moving average is a signal to open short position.

Fibonacci retracement

The indicator plots the Fibonacci retracement levels for a user-defined number of bars.

T3 - indicator for MetaTrader 5