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