Name: T3Taotra
Rating: 4.105263157894737 (19 reviews)
Author: Nikolay Kositsin

Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Published by:

Nikolay Kositsin

Views:

7167

Rating:

(19)

Published:

2011.08.29 13:35

Updated:

2023.03.29 13:43

\MQL5\Include\

smoothalgorithms.mqh (133.8 KB) view

t3taotra.mq5 (10.45 KB) view

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Real author:

Tim Tillson

This elegant fan based on the five T3 moving averages strongly resembles Alligator of Bill Williams and is used for market analysis in a similar way.

The indicator uses CT3 class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

This indicator was first implemented in MQL4 and published in Code Base 13.07.2006.

The smoothalgorithms.mqh library must be placed to the terminal_data_folder\MQL5\Include.
The t3taotra.mq5 indicator must be placed to the terminal_data_folder\MQL5\Indicators.

T3Taotra

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/425

ParMA

Moving average indicator based on parabolic approximation of price.

JMACD

In this MACD histogram the JMA smoothing is used instead of the standard smoothing.

RFTL

Reference Fast Trend Line (RFTL).

JJRSX

RSI oscillator with ultralinear and JMA smoothing algorithms.

T3Taotra - indicator for MetaTrader 5