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At least it is smoother
Without kidding, compare them with same settings (the angle level is 5 for T3 angle while for the angle of average (EMA too) it is set to default 8). Also, when it comes to T3, one can play with the hot field. Here is a comparison of the 2 with an angle level set to 8 and T3.Hot set to 1. So with T3 there is more opportunity to "play" with the parameters in order to find setting that one finds the most useful (depending on the expected trading system of course)
Thanks, Master Mladen, as to the signals, I think the EMA angle is better than T3 MA angle.
At least it is smoother
Without kidding, compare them with same settings (the angle level is 5 for T3 angle while for the angle of average (EMA too) it is set to default 8). Also, when it comes to T3, one can play with the hot field. Here is a comparison of the 2 with an angle level set to 8 and T3.Hot set to 1. So with T3 there is more opportunity to "play" with the parameters in order to find setting that one finds the most useful (depending on the expected trading system of course)
A bit upgraded (at a request) Angle of T3 : color of the line now shows the slope of the angle (up or down slope)
A bit upgraded (at a request) Angle of T3 : color of the line now shows the slope of the angle (up or down slope)
Mladene,
Can you suggest best setting for M5 time frame please?
A bit upgraded (at a request) Angle of T3 : color of the line now shows the slope of the angle (up or down slope)
Great! Thanks Mladen for this nice indicator
Best Regards
secretcode
Mladene, Can you suggest best setting for M5 time frame please?
You will have to experiment a bit with it (since it is an angle of T3, it will largely depend on the symbol and its volatility - range of angles for one symbol are going to be different than for another and that is why some experimenting and visual inspecting should be done on each symbol)
Hello Mladen, what are you thinking about ;take¨ Ema Angle Zero¨ make it look like ¨Angle of T3 2¨Whit the color change whit the slope and add ¨AllAverages¨ in it. Could it make a good indicator whit all kind of setting ?
Pierre63
A bit upgraded (at a request) Angle of T3 : color of the line now shows the slope of the angle (up or down slope)
Multi time frame version of Angle of T3 2 posted here : https://www.mql5.com/en/forum/173574/page354
Which is the best?
Hello Mladen, what are you thinking about ;take¨ Ema Angle Zero¨ make it look like ¨Angle of T3 2¨Whit the color change whit the slope and add ¨AllAverages¨ in it. Could it make a good indicator whit all kind of setting ? Pierre63
Which is the best?