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Published:

2018.06.06 13:32

T3_MA.mq5 (10.19 KB) view

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T3 MA is an adaptive Moving Average developed by Tim Tillson, first presented in his article 'Smoothing Techniques For More Accurate Signals'.

It has lower lagging and better noise filtering.

The indicator has three input parameters:

Period - calculation period
Coefficient - coefficient
Applied price - price used for calculation

Calculation formula:

T3 MA = c1*EMA6+c2*EMA5+c3*EMA4+c4*EMA3, where
EMA6 = EMA(EMA5),
EMA5 = EMA(EMA4),
EMA4 = EMA(EMA3),
EMA3 = EMA(EMA2),
EMA2 = EMA(EMA1),
EMA1 - EMA(Price),
c1 = -b^3,
c2 = 3*(b^2+b^3),
c3 = -3*(2*b^2+b+b^3),
c4 = 1+3*b+b^3+3*b^2, where b is the coefficient

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20373

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T3_MA - indicator for MetaTrader 5