T3 Moving Average Oil Trading Technical Analysis & T3 Moving Average Trading Signals

T3 uses a Smoothing factor/technique to produce trading signals that are similar to those of the moving averages, but are more accurate than those of the Moving Average. The T3 is a modification of method used to calculate the original Moving Average and it has a smoother curve and it does not lag the crude oil market as much as the Moving Average. This Indicator follows crude oil price action and adjusts itself to the direction of the market.

Oil Trading Technical Analysis & Generating Trading Signals

T3 moving average is similar to the original MA, and it can be traded in the same way as the original Moving Average indicator.

Moving Average Oil Trading Crossover Trading Signal

This Technique involves using two T3 Moving Average and generating signals when the 2 cross each either upward generating an upwards oil trend signal or cross downward generating a downward oil trend Signal.

Crossover Signal

Bullish Oil Trading Trend - Oil Trading Prices are bullish as long as crude oil price action remains above the indicator. When this move happens it implies that oil prices are bound to continue moving upwards.

Bearish Trend - Oil Trading Prices are bearish as long as crude oil price action remains below the T3 Average. When the crude oil price is below the indicator it implies that crude oil price is bound to continue moving downwards.

Whipsaws - This is a smoothed indicator which isn't prone to giving out whipsaws, since it's smoothed it is less responsive to crude oil price spikes, therefore a oil price spike will not skew the data used to calculate & draw it.