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Triple EMA

4

Triple Exponential Moving Average Technical Indicator (TEMA) was developed by Patrick Mulloy and published in the "Technical Analysis of Stocks & Commodities" magazine. It works as the same as EMA. However, it provides smaller lags, even compared to Double EMA.

Input Description:

  • period: MA's period. Must be higher than 1.
  • applied_price: Define the price to be applied. Use 1 of these integers.
    • 0 -> applied_price is Close price
    • 1 Open price
    • 2 High price
    • 3 Low price
    • 4 Median price
    • 5 Typical price
    • 6 Weighted Typical price
  • shift: give an additional offset for the signal. Must not be higher than period.


Comentarios 2
nivlem44
199
nivlem44 2022.11.30 07:20 
 

good ma

Hui1211
89
Hui1211 2021.08.11 19:43 
 

Good concept - will try out

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Are you using Awesome Oscillator? Wonder at which High and Low prices this indicator colored Green? Red? This indicator helps you determine those limits. GET 20% OFF for renting for 1 year! Yellow line is called Upper Line, and Red line is Lower Line. BUY SIGNAL In this case, last bar's AO color would be colored Green. Both Open and Low Price above the Lower Line. Close price crosses the Upper Line from below. SELL SIGNAL In this case, last bar's AO color would be colored Red. Both Open and
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nivlem44
199
nivlem44 2022.11.30 07:20 
 

good ma

Hui1211
89
Hui1211 2021.08.11 19:43 
 

Good concept - will try out

Respuesta al comentario
Versión 1.10 2019.02.03
Wrong description fixes, and off-by-one bug fix at the most left of the chart (like in 14-period indicators, it must start at 14th bars).