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.

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