Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Triple Exponential Moving Average (TEMA)
You may be looking for Triple Exponential Moving Average (TRIX) instead. These are very different indicators with the same name. The TEMA is a type of moving average while the TRIX is an oscillator.
Template (v17+)
3 * XAVG(w, x) - 3 * XAVG(XAVG(w, x), x) + XAVG(XAVG(XAVG(w, x), x), x)
Where w can be any formula which returns a numeric value.
Where x is the period of the triple exponential moving average.
Related Topics
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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