RD-TrendTrigger: A Price Oscillator Using T3 Averaging

Summary

RD-TrendTrigger is identified as a technical indicator built around an oscillator that uses T3 price averaging. The source note attributes the underlying oscillator concept to a 2004 article in a technical analysis magazine and credits Paul Y. Shimada as the indicator author. This points readers to a smoothed-price oscillator design for examining market direction or turning points, although the supplied description does not explain the signal rules or how to interpret its values.

The indicator depends on a separate smoothing-algorithm library for its MetaTrader implementation, and the note says the code was first released in 2007. It provides no chart details, parameter settings, trading rules, backtest, or evidence that the indicator predicts returns. As a result, the document is useful mainly as a brief pointer to the T3-based indicator and its software dependency; traders would need the full implementation and additional testing to assess its behavior or usefulness.

Key ideas

• RD-TrendTrigger is described as an oscillator that applies T3 averaging to price data.
• The note credits Paul Y. Shimada and cites an earlier technical-analysis article as the oscillator source.
• The MetaTrader implementation relies on an external smoothing-algorithm library.
• The document does not provide signal interpretation, trading rules, or performance evidence.

Tags

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