T3MA-ALARM: Direction Changes in a Resmoothed Moving Average
Summary
T3MA-ALARM is a moving-average indicator that applies a second smoothing step to a moving average. It marks points where the direction of the smoothed average changes with arrows, so its output is intended to make turning points visible. The configurable inputs are the averaging period, shift, calculation method, and price source.
The document describes the indicator’s construction and inputs but provides no trading rules for acting on its arrows, performance results, or guidance on markets or timeframes. It explicitly cautions that, despite its name, this is not the widely known T3 smoothing indicator. The explanation is therefore useful for understanding what the plotted signals represent, but it does not establish whether those signals are timely or profitable. Traders would need to assess lag and false direction changes in their own data before using it as a signal.
Key ideas
- The indicator smooths a moving average a second time.
- Arrows mark changes in the direction of the resulting average.
- Its inputs include period, shift, averaging method, and price source.
- Despite its name, the indicator is not the commonly known T3 smoothing method.
- No trading performance or signal validation is reported.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.