T3 Velocity Oscillator Using Two Smoothed Moving Averages

Summary

The T3 Velocity is presented as a smoothed rate-of-change oscillator built from two T3 moving-average curves. The calculation uses the same period for both curves, but applies the full vFactor to one and half that factor to the other. It compares the first curve with the prior-period value of the second, then plots the result against a zero level. The document notes that the oscillator can be used in a manner similar to MACD and that an optional signal line may help identify crossings.

The page includes a ProRealTime formula and gives example parameter values of period 14 and vFactor 1.0. It explains the indicator’s broad construction, but does not specify a complete entry, exit, or risk-management system. It supplies no chart examples, market or timeframe guidance, or backtest results, so the usefulness of crossings and the indicator’s performance remain unverified. The accompanying privacy and account information does not add trading guidance.

Key ideas

• T3 Velocity compares two smoothed curves constructed with different vFactor settings.
• The oscillator uses the full vFactor for one curve and half of it for the other.
• Its value is formed by comparing the first curve with the prior-period second curve.
• The document suggests interpreting it similarly to MACD and optionally adding a signal line.
• It provides a formula but no performance testing or complete trading system.

Tags

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