T3 Moving Average indicator was originally developed by Tim Tillson in 1998/99. T3 Moving Average is considered as improved and better to traditional moving averages as it is smoother and performs better in trending market conditions. It offers multiple opportunities when the price is in the state of retracement and therefore allows to minimize your exposed risk and allowing your profits run.
This strategy is for trend followers who are patient enough to have 6-10 trades per year.
What's included in strategy?
Two ATR (Code was taken from J.Dow and modified)
Tillson Moving average
Enter long signal: When both ATR (Long and Short) are in uptrend and the bar closes above Upper Tillson's moving average band: Enter Long
Exit Long signal: When hl2 is lower than Lower Tillson Moving Average band
Enter short signal: When both ATR (Long and Short) are in downtrend and the bar closes below Lower Tillson's moving average band: Enter Short
Exit Shortsignal: When hl2 is higher than Upper Tillson's Moving Average band
Best to use with Bitcoin on 12H TF Can be used for different time frames as well but the settings must be adjusted accordingly
Remember, overtrading can be harmful to your trading account.
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.