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T3 - indicator for MetaTrader 5

Tim Tillson | English Русский 中文 Español Deutsch 日本語 Português

Published by:
Nikolay Kositsin
votes: 16
2011.08.12 12:02
2016.11.22 07:32
t3.mq5 (5.55 KB)view

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

T3 Moving Average Indicator

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


Mesa Adaptive Moving Average (MAMA) indicator.

ZerolagStochs ZerolagStochs

Stochastic Oscillator equivalent with a minimum lag.

Module of Trade Signals, Based on T3 Indicator 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 Fibonacci retracement

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