Indicators: T3

 

T3:

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.

Author: Nikolay Kositsin

T3 Moving Average Indicator

 
What does the myriad of existing indicators tell us? Is it about the multitude of ways (approaches) of price calculation or about their impotence?
 
Makser:
What does the myriad of existing indicators tell us? About the multitude of ways (approaches) of price calculation or about their impotence?
Well! It depends on the individual! It all depends on the individual!