Understanding the T3 Velocity Tape Indicator for MetaTrader 5

Mike 2019.02.15 03:03 31 0 0
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Theory:

The T3 Velocity Tape indicator is essentially a refined version of traditional momentum indicators. It takes the concept of momentum and enhances it:

  • It offers a smoother experience by utilizing the T3 calculation for velocity.
  • The indicator presents velocity in a unique "tape" format.
  • It incorporates Heiken Ashi prices along with a selection of other price options.

Usage:

You can utilize the T3 Velocity Tape just like any standard momentum indicator. It's perfect for gauging market momentum and making informed trading decisions.



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