T3 MA Analysis and T3 MA Signals
T3 uses a Smoothing factor/technique to produce trading signals that are similar to those of the moving averages, but are more accurate than those of the MA Moving Average. The T3 is a modification of method used to calculate the original MA and it has a smoother curve & it does not lag the market as much as the MA Moving Average. This Indicator follows price action and adjusts itself to the direction of the market.
FX Analysis and How to Generate Signals
The T3 MA is similar to the original Moving Average, and it can be traded in the same way as the original MA indicator.
Moving Average Crossover Signal
This Method involves using two T3 MA & generating trade signals when the two cross each either upwards generating an upwards trend signal or cross downward generating a downward trend Signal.
Cross over Signal
Bullish Trend - Prices are bullish as long as price action remains above the trading indicator. When this move happens it implies that the prices are bound to continue heading upwards.
Bearish Trend - Prices are bearish as long as price action remains below the T3 Average. When the market price is below the technical indicator it implies that price is bound to continue heading downwards.
Whipsaws - This is a smoothed indicator which is not prone to giving out whipsaw fakeouts, since it's smoothed it is less responsive to price spikes, hence a price spike will not skew the data used to calculate and plot it.
Get More Topics: