Combining Five T3 Moving Average Slopes to Gauge Trend
Summary
This indicator evaluates the slopes of five T3 moving averages with different periods and combines them into an overall trend measure. It offers two calculation methods: Tim Tillson’s original T3 and a modified Fulks–Matulich version.
The description explains the indicator’s inputs and calculation variants, but gives no signal rules, parameter values, charts, or performance evidence. It also mentions a newer version designed to use less memory and run faster in newer MetaTrader 5 builds. The text does not specify how the combined slope should be interpreted or validated, so traders would need to inspect the implementation and test it in their own market and timeframe before relying on it.
Key ideas
- The indicator combines slope readings from five T3 moving averages with different periods.
- It supports the original Tim Tillson and modified Fulks–Matulich T3 calculations.
- The description provides no trading rules or performance evidence.
- A newer version is described as faster and less memory intensive on newer MetaTrader 5 builds.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.