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    T3 MACO -Vertex FX Indicator

    The T3 MACO is an Vertex FX oscillator based upon fast and slow exponential moving averages and employing the T3 smoothing method. The concepts are similar to MACD, where we calculate the difference between fast and slow moving averages. But in T3 MACO we use T3 smoothing technique to reduce the lag and improve trading performance.

    In the first step we calculate the fast EMA based on the FAST_EMA period. Similarly we calculate the slow EMA based on the SLOW_EMA period. Next we calculate the difference between the fast EMA and slow EMA. Finally this value is smoothed using the T3 smoothed method using the MA_PERIOD and B (beta) smoothing constant. The value oscillates above / below the zero line based on the strength of the trend. When the indicator moves upwards it implies that the market is bullish and trending upwards. When prices are falling, the T3 MACO values keep falling. Using smoothing and the difference between the EMAs, the T3 MACO reduces the lag.

    BUY - Enter BUY trade when the T3 MACO is below zero, and is raising at least two candles in a row.

    SELL - Enter SELL trade when the T3 MACO is above zero, and is falling at least two candles in a row.
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    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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