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.