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Re: T3 and T3 based indicators MT4

#251
Banzai wrote:
Thu Jun 04, 2020 2:34 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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More colorful bands.
T3 SATL ATR Channel arrows alerts mtf 1.01.mq4
(30.14 KiB) Downloaded 122 times
T3  SATL ATR Channel arrows alerts mtf 1.01.png
To Reduce CPU and RAM usage -- MT4 > Tools > Options > Chart --->> Decrease "max bars in history" and "max bars in chart" (My setting is 5000)


Re: T3 and T3 based indicators MT4

#255
Banzai wrote:
Thu Sep 30, 2021 1:33 pm
More colorful bands.
Image


it is good!
If the channel is one level lower, such as M5; and the middle signal line: the solid line (clrLime, clrRed) is one level higher, such as M15. That's great!

That is, the channel line time period and signal line time period can be adjusted freely; add button. It's even better.

(The purpose is to solve the dense signal area with arrows on the picture: white and magenta arrows) :thumbup:
T3 SATL ATR Channel arrows alerts mtf 1.01.mq4
(30.21 KiB) Downloaded 19 times
T3 SATL ATR Channel arrows alerts mtf 1.01.png


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