t3
T3
Type:
t3
• Category:indicators
Description
Calculates the T3 indicator based on a list of prices
Parameters
Name | Type | Description | Required | Default |
---|---|---|---|---|
dataExp | string | List of prices | no | |
timeperiod | number | no | 5 | |
vfactor | number | no | 0 |
Help
T3 Indicator
Overview
The T3 worker calculates the T3 indicator, a momentum indicator used in financial markets, based on a list of prices.
Description
The T3 indicator is a versatile momentum indicator that can be used to gauge the strength of a trend. This worker takes a list of prices and returns the calculated T3 indicator values.
What does this worker do?
This worker calculates the T3 indicator values based on the provided list of prices and parameters. The T3 indicator is used to identify trends and potential buy/sell signals in financial markets.
How to interpret the results?
The T3 indicator values can be interpreted as follows:
- Positive values indicate an upward trend
- Negative values indicate a downward trend
- Crossovers above or below the zero line can be used as buy or sell signals
Parameters
The following parameters can be passed to the T3 worker:
Parameters Schema (JSON)
{
"dataExp": {
"type": "string",
"description": "List of prices"
},
"timeperiod": {
"type": "number",
"default": 5
},
"vfactor": {
"type": "number",
"default": 0
}
}
Detailed Parameters
- dataExp:
- Type:
string
- Description: List of prices
- Type:
- timeperiod:
- Type:
number
- Default:
5
- Description: The time period used for calculation
- Type:
- vfactor:
- Type:
number
- Default:
0
- Description: The volume factor used for calculation
- Type:
Example Usage
To use the T3 worker, provide a list of prices and optional parameters:
{
"dataExp": "[1.2, 3.4, 5.6, 7.8, 9.0]",
"timeperiod": 10,
"vfactor": 0.5
}
This will calculate the T3 indicator values for the provided list of prices using a time period of 10 and a volume factor of 0.5.