MA T3 Indicator

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MA T3 Indicator


T3MA Indicator

Author: scriptor


This indicator is an extremely smoothed Moving Average. It uses a weighted sum of: single EMA, double EMA, triple EMA etc. For this reason, unlike the regular MA, T3MA is a very smooth line. This indicator uses the following formulas:


e1 = EMA (CLOSE, Period)
e2 =
EMA (e1, Period)
e3 = EMA (e2, Period)
e4 = EMA (e3, Period)
e5 = EMA (e4, Period)
e6 = EMA (e5, Period)
c1 = - b3
c2 = 3*b2 + 3*b3
c3 = - 6*b2 - 3*b - 3*b3
c4 = 1 + 3*b + b3 + 3*b2
T3MA = c1*e6 + c2*e5 + c3*e4 + c4*e3,

where EMA - Exponential Moving Average
b - volume factor (default = 0.7)








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T3MA.act T3MA.act (2.50 KB, 1,452 views)

User Comments

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No Member Photo by netFX posted Monday, January 10, 2011
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This is very good indicator. I implemented it and using it successfully. It works much better than regular MA.  Thanks Scriptor for sharing this formula.
No Member Photo by Peter posted Tuesday, February 02, 2010
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Thanks a lot, scriptor! When I take a look at the formulas, I understand 
that it is a very complicated indicator. But it works great :)


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