Swing T3 Ribbon with Dynamic Bands

wing T3 Ribbon with Dynamic Bands

This indicator combines T3 moving averages with a dynamic Bollinger-style ribbon to highlight early trend changes and volatility-driven price moves.

Key Features:

T3 Ribbon: Fast T3 vs. Slow T3 shows trend direction; ribbon color is green for bullish, red for bearish.

Dynamic Bands: Bands fluctuate with recent price volatility, similar to Bollinger Bands, providing a visual guide for overbought/oversold areas.

Early Swing Markers:

E0 (Early Upswing): Price above top band while trend is temporarily bearish.

Ex (Early Downswing): Price below bottom band while trend is temporarily bullish.

Alerts:

Early upswing (E0)

Early downswing (Ex)

Price crossing the bottom (red) band from below.

Purpose:

Helps traders detect early trend reversals or price breakouts in the context of volatility.

Dynamic bands adapt to changing market conditions, giving a more responsive signal than fixed-width ribbons.