Triple Exponential Moving Average (TEMA)



TEMA Indicators Forex

Downloads


Forex MT4 indicator TEMATEMA.mq4
Forex MT4 indicator TEMATEMA_RLH.mq4


TEMA - quick summary


Triple Exponential Moving Average (TEMA) is another smoother and faster version developed by Patrick G. Mulloy in 1994.

His first Double version can be studied here: Double Exponential Moving Average (DEMA)

Again, the idea of the TEMA indicator is to not just take the successive EMA of EMA iteration, but to eliminate the lagging factor present in a traditional EMA.

Tema indicator

DEMA indicator formula


TEMA indicator formula

The Triple Exponential Moving Average (TEMA) combines a single EMA, a double EMA and a triple EMA, providing a lower lag than either of those three averages.

Trading with TEMA indicator


Trading with TEMA is similar to trading with DEMA indicator.

You can substitute your regular EMA with TEMA, or you can test crossover signals when using two TEMA indicators.



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Comments

I am unable to see the macd indicators in my MT4. whenever I tried open it, it show only blank indicator windows. I have tried to "allow dll import" and other basic options that I can try only as a normal user because I am not that much good in coding!

Please solve this problem.,.,.thanks in advance.

 

Which indicators are you using?

 

Is there a good manual Indicator(without repainting) based on a combination of 3 crossing EMA with Candlestick patterns? Triple EMA should provide better filtration of false trading signals, and candlestick pattern should visual friendly show when to enter the deal.

 

Would like to have a sample TEMA Excel Spreadsheet like you did for DEMA.