Using a Smoothed T3 Velocity Tape as a Momentum Indicator

Summary

The document describes a velocity indicator presented as a smoother form of momentum. It says the calculation uses T3 smoothing and displays velocity as a tape, with Heikin Ashi prices included among the available price inputs. Its suggested use is the same as for a regular momentum indicator: traders can consult it to assess price movement.

The description is brief and does not specify the calculation, settings, signal rules, markets, or timeframe. It provides no chart examples, performance results, or testing evidence. As a result, it introduces the indicator’s intended concept but does not establish whether the smoothing improves decisions or explain how to manage lag, false signals, or risk.

Key ideas

• The indicator presents velocity as a smoothed form of momentum.
• T3 smoothing is used in the velocity calculation.
• The display is described as a tape and offers Heikin Ashi prices among its inputs.
• The author suggests using it like a conventional momentum indicator.
• No formula, parameters, signal rules, or performance evidence are supplied.

Tags

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