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Re: T3 and T3 based indicators MT4

Jimmy, Wed Jan 26, 2022 4:27 am

GoldenBrett90 wrote: Tue Jan 25, 2022 6:49 am Does anyone have the Tilson IE/2 moving-average already coded and can share it?
I do not see it anywhere on here.
Hello mate, Tilson IE/2 is included as an "Averages" filter in the Averages indicator for MT4 under IE/2 :)

There are also two standalone indicators available:


Tilson IE/2 Moving Average

Image
The EPMA(15) is blue, the T3(6) is red, the IE/2(15) is yellow and the ILRS(15) is green in the MetaStock platform.

The IE/2 indicator is basically a Moving Average that uses Linear Regression slope in it's calculation to help with smoothing.

It's actually the precursor and early version of the famous "T3 Indicator".

The original IE/2 was first outlined by Tim Tilson in the January 1998 edition of Stocks and Commodities magazine, under the headline of "Smoothing Techniques For More Accurate Signals". This article also explained the studies on the T3 indicator.

As mentioned above, IE/2 was a pre-study that was created whilst the "T3" Smoothing was developing. So T3 is the result of, and also the successor of the IE/2.

A copy of the original IE/2 Moving Average article from 1998 is attached below.
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