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function T3( Price, T3Periods, s )
{
e1 = AMA( Price, 2 / ( T3Periods + 1 ) );
e2 = AMA( e1, 2 / ( T3Periods + 1 ) );
e3 = AMA( e2, 2 / ( T3Periods + 1 ) );
e4 = AMA( e3, 2 / ( T3Periods + 1 ) );
e5 = AMA( e4, 2 / ( T3Periods + 1 ) );
e6 = AMA( e5, 2 / ( T3Periods + 1 ) );
C1 = -s ^ 3;
C2 = 3 * s ^ 2 * ( 1 + s );
C3 = -3 * s * ( s + 1 ) ^ 2;
C4 = ( 1 + s ) ^ 3;
T3Result = c1 * e6 + c2 * e5 + c3 * e4 + c4 * e3;
return Nz( T3Result );
}
function ReduceLag( Indicator, RLFactor )
{
return ( Indicator / Ref( Indicator, -1 ) ) ^ RLFactor*Indicator;
}
_SECTION_BEGIN( "REDUCING INDICATOR LAG" );
LRFactor = Param( "Lag-Reducing Factor", 1.7, 0, 10, 0.1 );
Periods = Param( "T3 Periods", 5, 1, 10, 1 );
Sensitivity = Param( "T3 Sensitivity 1", 0.7, 0, 3, 0.03 );
I1 = T3( O, Periods, Sensitivity );
I2 = Reducelag( I1, LRFactor );
Plot( C, "Close", 64, 128 );
Plot( I1, "\nBasic T3", 2, 1 );
Plot( I2, "\nLag-Reduced T3", 8, 1 | styleNoRescale );
_SECTION_END();