DeskIndicators
T3
Tillson T3 — a very smooth moving average on the price scale.
The T3 (Tillson T3) is a very smooth moving average. It sits on the price scale as one line. It needs more bars before the first value than an EMA of the same length.
Default length is 5. The factor is 0.7: higher means smoother, lower means closer to price. Colour is automatic unless you pick one in settings.
A rising T3 means the smoothed closes are climbing. Price crossing the line is a common read, not a signal by itself.
Settings: gear on the overlay legend — see Indicators.