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T3 moving average
T3 moving average is presented by Tim Tillson in S&C Magazine, 01/1998
Is a triple smoothed combination of the DEMA

T3 advantages
Less lag time, Line is much smoother, gives early entry signals, have smaller number of false signals.

Generalized DEMA
GD[period] = (1-v)*EMA[period] + v*DEMA[period]

T3 Average apply Generalized DEMA three times.

T3[period] = GD[period] of GD[period] of GD[period]

Volume factor

A “volume factor” (default 0.7) controls how much of the DEMA is used.
The factor ranges from 0 which gives a plain EMA and 1 which gives a full DEMA.

0 - T3 is simply a tripled EMA (see EMA of EMA of EMA).
1 - T3 is a DEMA of DEMA of DEMA




The indicator was revised and updated

This is another implementation of this indicator, it gives the same final results.

Calculation
Volume factor = b;

EMA1[period]= EMA(Source);
EMA2[period]= EMA(EMA1[period]);
EMA3[period]= EMA(EMA2[period]);
EMA4[period]= EMA(EMA3[period]);
EMA5[period]= EMA(EMA4[period]);
EMA6[period]= EMA(EMA5[period]);

c1= -b*b*b;
c2= 3*b*b+3*b*b*b;
c3= -6*b*b-3*b-3*b*b*b;
c4= 1+3*b+b*b*b+3*b*b;
T3MA= c1*EMA6[period]+c2*EMA5[period]+c3*EMA4[period]+c4*EMA3[period];

T3 Moving Averege name Update

Added arrow option.

Hey yow apprentice what'sup ?!
Nice breakfast ?!

Was exploring this website resources, fantastic mate lol.
Ok i checked this and i liked it

Could you produce T3 Overlay ? I Like what's clear and beautiful, are you beautiful ?
Lol just kidding
Thanks mate

T3 & GD, moving averages are supported.
There are two methods.
The position of the closing price in relation to the moving average,
Moving average slope.

Much thanks.

I would love to see a strategy based on these indicators! Thanks

Can you define Entry, Exit Signals.

I would like the entry:

GD crosses over T3 for a buy
T3 crosses over GD for a sell
Exit the trade when the next buy or sell happens then into the new trade.

Thanks