Triple Exponential Moving Average (TEMA) - Indicator Formula



The triple exponential moving average can help identify trend direction, signal potential short-term trend changes or pullbacks, and provide dynamic support or resistance.


Calculation: TEMA = ( 3 * EMA1 ) - ( 3 * EMA2 ) + EMA3


Where:


EMA1 = Exponential Moving Average


EMA2 = EMA of EMA1


EMA3 = EMA of EMA2


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