Tilson T3 and MavilimW Triple Combined StrategyInspired by truly greatful Kivanç Ozbilgic (www.tradingview.com).
The strategy tries to combined three different moving average strategies into one.
Strategies covered are:
1. Tillson T3 Moving Average Strategy
Developed by Tim Tillson, the T3 Moving Average is considered superior to traditional moving averages as it is smoother, more responsive and thus performs better in ranging market conditions as well. However, it bears the disadvantage of overshooting the price as it attempts to realign itself to current market conditions.
It incorporates a smoothing technique which allows it to plot curves more gradual than ordinary moving averages and with a smaller lag. Its smoothness is derived from the fact that it is a weighted sum of a single EMA, double EMA, triple EMA and so on. When a trend is formed, the price action will stay above or below the trend during most of its progression and will hardly be touched by any swings. Thus, a confirmed penetration of the T3 MA and the lack of a following reversal often indicates the end of a trend. Here is what the calculation looks like:
T3 = c1*e6 + c2*e5 + c3*e4 + c4*e3, where:
– e1 = EMA (Close, Period)
– e2 = EMA (e1, Period)
– e3 = EMA (e2, Period)
– e4 = EMA (e3, Period)
– e5 = EMA (e4, Period)
– e6 = EMA (e5, Period)
– a is the volume factor, default value is 0.7 but 0.618 can also be used
– c1 = – a^3
– c2 = 3*a^2 + 3*a^3
– c3 = – 6*a^2 – 3*a – 3*a^3
– c4 = 1 + 3*a + a^3 + 3*a^2
T3 MovingThe T3 Moving Average generally produces entry signals similar to other moving averages and thus is traded largely in the same manner.
Strategy for Tillson T3 is if the close crossovers T3 line and for at least five bars the close was under the T3
2. Tillson T3 Fibonacci Cross
Kivanc Ozbilgic added a second T3 line with a volume factor of 0.618 (Fibonacci Ratio) and length of 3 (fibonacci number) which can be added by selecting the T3 Fibonacci Strategy input box.
Strategy for Tillson T3 Fibo is when the Fibo Line crossover the T3 it gives long signal vice versa.
3. MavilimW
MavilimW is originally a support and resistance indicator based on fibonacci injected weighted moving averages.
Strategy for MavilimW is is if the close crossovers T3 line and for at least five bars the close was under the T3
Hope you enjoy
Mavilimw
MavilimW Ortalamaları by KIVANÇ fr3762Modified version of MavilimW Indicator by @mavilim0732
MavilimW is originally a support and resistance indicator based on fibonacci injected weighted moving averages
Developed by @mavilim0732 on twitter
İndikatörü geliştiren: @mavilim0732
MavilimW MTFMultiple Time Frame version of MavilimW
This Indicator plots smoothed weighted moving average combinations of various Fibonacci numbers
a great support and resistance for long term trading and confirmation
1- You can change the sensitivity of the indicator by changing the first two parameters
2- In the settings you can also add the original version by checking the "Show previous version" button
3- The indicator calculates Fibonacci series automatically when you change the two parameters
HINT: first parameter must be equal or less then second
some examples: 1,1 or 1,2 or 2,3 or even 5,5 and so on...
by increasing the parameters the indicator becomes less sensitive for buy and sell signals but will have high potential of becoming support or resistance line
by decreasing the parameters you can have more sensitive buy an sell signals which changes the color of the indicator.
MAVİLİMW İNDİKATÖRÜ TÜRKÇE ANLATIM VİDEO LİNK:
MavilimW indikatörün MTF (çoklu Zaman Aralıklı) versiyonu
YENİLİKLER:
1-HASSASİYETİ ARTIRILIP AZALTILABİLİR
2-TRADİNGVİEWDA ESKİ VERSİYON DA EKLENEBİLİR KUTUCUK İŞARETLENEREK
3-BELİRLEYECEĞİNİZ 2 PARAMETREYE GÖRE DEVAM EDEN FIBONACCI SERİSİNİ KENDİSİ OTOMATİK OLUŞTURUR.
A2MK Mavilim by KıvanÇ fr3762A2MK is a two lined indicator which gives Short and Long signals...
Go long when GREEN line crosses ABOVE YELLOW
Go short when YELLOW line crosses ABOVE GREEN
(the default version of the indicator has the Yellow line although I personally changed the color to Orange to recognise better)
You can change the length of the two lines but creator (@mavilim0732 on twitter ) explained: there's no need to change the YELLOW line's length. (default value=10)
Green line has the length of a default value of 6, you can set it to lower lengths to provide earlier signals but keep in mind that if you do that you'll have more signals
The main feature of A2MK is the few number of false signals.
signals are very reliable when comparing lots of other indicators
creator: @mavilim0732 on twitter
İndikatörü geliştiren: @mavilim0732 on twitter
