Moving Average - T3 (T3)

Description

The T3 is a type of moving average, or smoothing function. It is based on the DEMA. The T3 takes the DEMA calculation and adds a vfactor which is between zero and 1. The resultant function is called the GD, or Generalized DEMA. A GD with vfactor of 1 is the same as the DEMA. A GD with a vfactor of zero is the same as an Exponential Moving Average. The T3 typically uses a vfactor of 0.7.

… Courtesy of FMLabs

Syntax

T3(int period, int tCount, double vFactor)

T3(ISeries\<double\> input, int period, int tCount, double vFactor)

Returns default value

T3(int period, int tCount, double vFactor)[int barsAgo]

T3(ISeries\<double\> input, int period, int tCount, double vFactor)[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

Examples

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// Prints the current value of a 20 period T3 using default price type
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double value = T3(20, 3, 0.7)[0];
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Print("The current T3 value is " + value.ToString());
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// Prints the current value of a 20 period T3 using high price type
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double value = T3(High, 20, 3, 0.7)[0];
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Print("The current T3 value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.