Correcting a T3 Average with EMA Deviation

Summary

This note describes a modified correcting method for a T3 moving-average indicator. The method is attributed to Alexander Uhl, whose original approach used standard deviation to adjust moving-average values and filter signals. This version substitutes EMA deviation for standard deviation, with the stated aim of making the calculation faster and the implementation more efficient.

The document reports that the EMA-deviation version generates fewer signals and is less sensitive to whipsaws, attributing this to its faster response to price changes. It proposes using changes in the indicator’s color as signals. No formula details, chart examples, backtest, or measured comparison are supplied, so the claims are qualitative and cannot be evaluated from the note alone. It advises experimentation before live use; signal behavior may depend on market, settings, and implementation.

Key ideas

• The indicator modifies a T3 moving average using EMA deviation as its correction input.
• The method replaces standard deviation in an approach attributed to Alexander Uhl.
• The document claims the EMA-based calculation is faster and produces fewer signals.
• Color changes are suggested as potential trading signals.
• No formula, backtest, or quantitative comparison is provided, and live use should be tested cautiously.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.