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Re: T3 and T3 based indicators MT4

Banzai, Thu Jun 04, 2020 2:52 am

SATL = Slow Adaptive Trend Line
T3 = a smoothing algorithm. The line will be smoother; less false breakouts.
ATR = Average True Range; measures the volatility of the market
mtf = multi time frame
arrows = this indicator can display arrows when the slopes change.
alerts = this indicator will alert you when the slopes change.

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Slow Adaptive Trend Line - is a long-term trend line estimate.
Low frequency filter parameters are selected from current spectrum of specified market.
SATL (k) is an average of distribution of FATL (k). [Fast Adaptive Trend Line]
Rising SATL line points out the bullish trend, falling line points the bearish trend.

This SATL was smoothed by the T3 algorithm. It's smoother than the regular SATL.

Here's the mtf version.
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