T3 Moving Average Stock Screener

The T3 Moving Average is a valuable tool for traders, providing an accurate representation of market trends, reducing lag, and filtering out market noise . . . with these benefits, traders can easily identify potential entry and exit points for their trades, leading to improved trading performance

4 minutes

This post focuses on customizable T3 Moving Average factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

Display T3 Moving Average Values

Tags: t3 moving average formula, t3 moving average strategy

List symbols
Add Column T3(5,0.7,3) as T3
Apply to NSE

This scan calculates and displays the T3(5,0.7,10) values for all NSE symbols.

OPTION 1

The Volume Factor (default: 0.7) and the number of T cycles (default: 3) are optional parameters. Therefore, the script can be written as shown below, allowing for customization as needed.

List symbols
Add Column T3(5)
Apply to NSE

OPTION 2

This scan can display a comprehensive list of T3 values, which includes multiple parameter options.

List symbols
Add Column T3(5) as T3_Fast chart(c=red)
Add Column T3(21) as T3_Slow chart(c=blue)
Add Column T3(5,0.7,4) as T3_4cycles chart(c=green)
Apply to NSE

T3 Moving Average Bullish Crossover

Tags: t3 moving average bullish crossover screener, t3 moving average crossover scanner, t3 moving average crossover screener, t3 moving average crossover stocks

List symbols where T3(14,0.7,3) crossed above T3(21,0.7,3) after remaining below for 3 bars
Add Column T3(14,0.7,3) as T3_14 chart(c=red)
Add Column T3(21,0.7,3) as T3_21 chart(c=blue)
Apply to NSE

This scan seeks out NSE symbols that meet the following criteria: the 14-period T3 (fast) has recently crossed above the 21-period T3 (slow) after being below it for 3 consecutive periods.

OPTION 1

For those interested, there are two optional parameters available: the Volume Factor (default: 0.7) and the number of T cycles (default: 3). Consequently, the script can be written in the following manner, accommodating these optional parameters.

List symbols where T3(14) crossed above T3(21) after remaining below for 3 bars
Add Column T3(14) as T3_14 chart(c=red)
Add Column T3(21) as T3_21 chart(c=blue)
Apply to NSE

T3 Moving Average Bearish Crossover

Tags: t3 moving average bearish crossover screener, t3 moving average crossover scanner, t3 moving average crossover screener, t3 moving average crossover stocks

List symbols where T3(14,0.7,3) crossed below T3(21,0.7,3) after remaining above for 3 bars
Add Column T3(14,0.7,3) as T3_14 chart(c=red)
Add Column T3(21,0.7,3) as T3_21 chart(c=blue)
Apply to NSE

This scan identifies NSE symbols by examining the 14-period T3 (fast) and the 21-period T3 (slow) indicators. It focuses on cases where the fast indicator has recently dropped below the slow indicator after being above it for 3 consecutive bars.

OPTION 1

If desired, you can adjust the Volume Factor (default: 0.7) and the number of T cycles (default: 3) as optional parameters. With these modifications, the script can be written as follows:

List symbols where T3(14) crossed below T3(21) after remaining above for 3 bars
Add Column T3(14) as T3_14 chart(c=red)
Add Column T3(21) as T3_21 chart(c=blue)
Apply to NSE

Price T3 Moving Average Bullish Crossover

Tags: price t3 moving average bullish crossover

List symbols where Close crossed above T3(5,0.7,3) after remaining below for 3 bars
Add Column T3(5,0.7,3) as T3_5 chart
Add Column CHGRs(Close,T3(5,0.7,3)) as DiffRs
Add Column CHG%(Close,T3(5,0.7,3)) as Diff%
Apply to NSE

This scan identifies NSE symbols by examining the 14-period T3 (fast) and the 21-period T3 (slow) indicators. It focuses on cases where the fast indicator has recently crossed below the slow indicator after being above it for 3 consecutive bars.

OPTION 1

If desired, you can adjust the Volume Factor (default: 0.7) and the number of T cycles (default: 3) as optional parameters. With these modifications, the scan can be written as follows:

List symbols where Close crossed above T3(14) after remaining below for 3 bars
Add Column T3(14) as T3_14 chart
Add Column CHGRs(Close,T3(14)) as DiffRs
Add Column CHG%(Close,T3(14)) as Diff%
Apply to NSE

Price T3 Moving Average Bearish Crossover

Tags: price t3 moving average bearish crossover

List symbols where Close crossed below T3(5,0.7,3) after remaining above for 3 bars
Add Column T3(5,0.7,3) as T3_5 chart
Add Column CHGRs(Close,T3(5,0.7,3)) as DiffRs
Add Column CHG%(Close,T3(5,0.7,3)) as Diff%
Apply to NSE

This scan is designed to identify NSE symbols that exhibit a specific pattern: closing price crossed below its 5-period T3 moving average after staying above it for 3 consecutive bars. Additionally, the scan provides the T3(5) values and calculates the difference between the closing price and T3(5) in both monetary and percentage terms.

OPTION 1

To modify the scan described above, we will adapt it to detect a bearish crossover below the 14-period T3 moving average. It’s worth noting that the Volume Factor (default: 0.7) and the number of T cycles (default: 3) are optional parameters and have been omitted in this version of the scan.

List symbols where Close crossed below T3(14) after remaining above for 3 bars
Add Column T3(14) as T3_14 chart
Add Column CHGRs(Close,T3(14)) as DiffRs
Add Column CHG%(Close,T3(14)) as Diff%
Apply to NSE

For comprehensive insights into the T3 Moving Average, including its computation methodology, how to use the TEMA in trading, as well as an exploration of its advantages and limitations as an indicator, click here.

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