TEMA

Description

The Triple Exponential Moving Average is technical indicator used for averaging fundamental data. Three EMAs are calculated consequently: EMA of price, EMA of the first EMA, and EMA of the second EMA. The final result is the difference between two first EMAs multiplied by 3 plus the third EMA.

Input Parameters

Parameter Description
price The price used to calculate TEMA.
length The number of bars used in calculation of EMAs.

Plots

Plot Description
TEMA The Triple Exponential Moving Average.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

You may also like
Condition Wizard
Condition Wizard is a special feature which allows you to build up conditions or logical ...
Option Hacker
The interface of the Option Hacker tool is similar to that of Stock Hacker, but the default ...
SectorRotationModel
The Sector Rotation Model is an attempt to integrate fundamental approach into a technical ...