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V. 19:6 (32): Sidebar: Tillson's T3 by Steve Burns
V. 19:6 (32): Sidebar: Tillson's T3 by Steve Burns
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TILLSONS T3
Along with the actual code for Tillson's T3, this sidebar provides Excel code.
The actual formula for T3 is elaborate, the result of cubing the function
(1+a)x ax2
where a is the percentage of amplification of the filters response to price movement (creator Tim Tillson calls it the volume factor) and x is the price smoothed using a moving average of a period you specify.
Along with the actual code for Tillson's T3, this sidebar provides Excel code.
The actual formula for T3 is elaborate, the result of cubing the function
(1+a)x ax2
where a is the percentage of amplification of the filters response to price movement (creator Tim Tillson calls it the volume factor) and x is the price smoothed using a moving average of a period you specify.
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