T3 Moving Average Indices Technical Analysis and T3 Moving Average Trading Signals
T3 uses a Smoothing factor/technique to produce trading signals that are similar to those of the moving averages, but are more accurate than those of the MA. The T3 is a modification of method used to calculate the original Moving Average and it has a smoother curve and it does not lag the stock indices trading market as much as the MA. This Indicator follows stock indices trading price action and adjusts itself to the direction of the market.
Stock Indices Technical Analysis & How to Generate Signals
The T3 moving average is similar to the original MA, and it can be traded in the same way as the original Moving Average indicator.
Moving Average Stock Indices Trading Crossover Trading Signal
This Technique involves using two T3 Moving Average & generating trading signals when the 2 cross each either upward generating an upwards indices trend signal or cross downward generating a downwards indices trend Signal.
Crossover Signal
Bullish Stock Indices Trend - Indices Prices are bullish as long as stock indices trading price action remains above the indicator. When this move happens it implies that indices trading prices are bound to continue moving upwards.
Bearish Trend - Indices Prices are bearish as long as stock indices trading price action remains below the T3 Average. When the stock indices trading price is below the indicator it implies that stock indices trading price is bound to continue moving downwards.
Whipsaws - This is a smoothed indicator which isn't prone to giving out whipsaws, since it is smoothed it's less responsive to stock indices trading price spikes, therefore a indices trading price spike will not skew the data used to calculate & draw it.