Indicators: T3_MA

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T3_MA:

A moving average by Tim Tillson. 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

Author: Scriptor

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