A Tillson T3 moving average implemented variation of the CM Super Guppy indicator by @FritzMurphy
The T3 moving average was developed by Tom Tilson which combines multiple EMAs into a single moving average. it is smoother and more responsive compared to traditional moving averages. The disadvantage is that it can overshoot price.
█ Description
T3 Super Guppy consists of 20 T3 moving averages: • 7 fast T3 MAs • 13 slow T3 MAs
Visuals: • Compact view available for chart minimalists • In compact view only 10 of the fastest T3 moving averages will be displayed • Compact view will not affect how the colour scales with trend movement • Ribbon transparency will automatically scale based on the display mode chosen
Colour Gradient • The more T3 MAs that cross above or below their slower counterparts will result in how deep the chosen upTrend(Blue) or downTrend(Red) colour is displayed • Helps to spot weakening trends or reversal signals when indicator colour starts converging into the opposite colour • Single colour mode is available if you find the colour gradient distracting