T3Taotra - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

This elegant fan is based on five T3 moving averages, used in market analysis in a similar manner to Bill Williams' Alligator .
The indicator uses the CT3 class of the SmoothAlgorithms.mqh library. The use of this class is described in the article "Average price series for intermediate calculations without using additional buffers" .
The indicator was first implemented in MQL4 and released in the code base on July 13, 2006.

Attachment download
📎 smoothalgorithms.mqh (133.8 KB)
📎 t3taotra.mq5 (10.45 KB)
Source: MQL5 #425
T3Taotra - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
T3Taotra - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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