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Triple Exponential Moving Average (TEMA) Rate this Topic:
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Posted : Wednesday, March 8, 2017 2:45:57 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

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.

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