# Elite indicators :) - page 53

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newdigital:
All elite section indicators in one pdf file with the links to download. Most of the indicators are from elite section (there are some interesting public as well).

Thanks ND, very useful doc.

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According to original indicator:

Green - UpTrend;

Red - DownTrend;

Light Green - Possible UpTrend;

Orange - Possible DownTrend;

Yellow - Choppy or Possible Changes.

darkkiller:
Igorad,can u explain more about colour that u choose for this indicator?

What i feel is,

Green- Bullish

Red-Bearish

Orange-Stay away

am i right?
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Files:
1newt3.gif 19 kb
2newt3.gif 20 kb
3newt3.gif 18 kb
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T3 new

Find updated versions.

Files:
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T3 new

More updated versions.

METASTOCK IMPLEMENTATIONS

MetaStock 6.5 code for ILRS:

{input number of lookback periods, default is 11}

periods:=Input(“Periods? “,2,63,11);

{determine how many points are in the time series}

size:=LastValue(Cum(1));

{determine the constant of integration by taking the simple

moving average of the first periods points in the time

series}

start:=LastValue(Ref(Mov(P,periods,S),periods-size));

{value is the integral of linear regression slope plus the

constant of integration}

Cum(LinRegSlope(P,periods))+start;

If x stands for the action of running a time series through

an EMA, f is our formula for generalized DEMA with the

variable “a” standing for our volume factor:

f: = 1 + a x – ax2

Running the filter though itself three times is equivalent to

cubing f:

–a3 x6+ 3a2+3a3 x5+ –6a2–3a–3a3 x4+ 1+3a+a3+3a2 x3

Thus, the MetaStock 6.5 code for T3 is:

periods:=Input(“Periods? “,1,63,5);

a:=Input(“Hot? “,0,2,.7);

e1:=Mov(P,periods,E);

e2:=Mov(e1,periods,E);

e3:=Mov(e2,periods,E);

e4:=Mov(e3,periods,E);

e5:=Mov(e4,periods,E);

e6:=Mov(e5,periods,E);

c1:=-a*a*a;

c2:=3*a*a+3*a*a*a;

c3:=-6*a*a-3*a-3*a*a*a;

c4:=1+3*a+a*a*a+3*a*a;

c1*e6+c2*e5+c3*e4+c4*e3;

Files:
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linuxser,thanks for sharing T3 indicator.Maybe u can develop one system for trading using combination with all T3 indicator.

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darkkiller:
linuxser,thanks for sharing T3 indicator.Maybe u can develop one system for trading using combination with all T3 indicator.

Well, could be, but first I need to finish the T3 group and teach how to use the ECO for trading.

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Linuxser:
Well, could be, but first I need to finish the T3 group and teach how to use the ECO for trading.

Linuxser, what is ECO?

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Moderator
112873

May be this one?

ECO.