Triple Exponential Moving Average (TEMA)
HTS's Triple Exponential Moving Average (TEMA) indicator smooths price fluctuations and filters out volatility in an attempt to make trend identification easier and with as little lag as possible. TEMA is a useful tool for identifying strong and long-lasting trends.
Interface
Supported license & Trade types
Supported License | Supported Trade Types |
Beginner license | Spot trading |
Simple license | Margin trading |
Advanced license | Leverage trading |
Formula
TEMA is an indicator with the following formula:
TEMA = (3*EMA – 3*EMA(EMA)) + EMA(EMA(EMA))
EMA = EMA(1) + α * (Close – EMA(1))
α = 2 / (N + 1)
N = The smoothing period.
General Settings
Exchange Website to monitor
Currency Pair to monitor for trade signals
Update Speed
Trade Signals
Tip: The exchange doesn't have to be the same exchange you are currently trading on.
Indicator Settings
Short Length
Represents the number of candles used for the shorter length calculation.
Long Length
Represents the number of candles used for the longer length calculation.
Swing
Adding a swing will create a minimum distance, between the short and long result, before the indicator will generate a signal.
Usage
This Indicator is great in periods of volatility as it does not lag as much as EMA or SMA.
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