T3 Deviation: A Smoother, Responsive Measure of Price Deviation
Summary
T3 Deviation is described as a deviation measure built from intermediate stages of the Tillson T3 calculation. The note credits Bob Fulks and Alex Matulich with improvements to the original T3 calculation. Rather than applying T3 smoothing to a conventional standard deviation, the method derives deviation from those intermediate T3 steps.
The document characterizes the resulting measure as smoother than standard deviation and faster to respond to market changes, attributing both properties to T3's smoothing behavior. It provides no formula, parameter settings, sample chart, comparison data, or definition of the underlying deviation calculation. As a result, the description conveys the broad construction and claimed behavior but is insufficient to reproduce or independently assess the indicator.
Key ideas
- T3 Deviation uses intermediate stages of the T3 calculation to derive a deviation measure.
- It is distinct from applying T3 smoothing to standard deviation.
- The note describes the measure as smoother and quicker to react than standard deviation.
- No detailed formula, parameters, or empirical comparison are supplied.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.