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Re: Adaptive Indicators for MT4

mrtools, Mon Mar 31, 2025 10:10 am

T3 Double Bands (ATR Adaptive) filled for on-chart & separate window

This a ATR adaptive T3 double bands filled separate window and chart window versions.

What are the T3 Double Bands?

The T3 "Double Bands" consist of three distinct T3 values:
  • High
  • Low
  • Close
When the upper and lower lines of the bands display an identical slope, the fill color changes to signify a consistent trend in their movement. This visual alteration serves as an indicator of the prevailing direction of the market, allowing traders to easily identify periods of stability or momentum in price action.

The use of color to represent the alignment of these lines enhances the clarity of the trend, making it easier for analysts to interpret market conditions effectively.
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