Trend indicators
TEMA: Triple Exponential Moving Average
An even faster moving average than DEMA: three EMAs combined to remove most of the delay.
Die Idee in einfachen Worten
Like DEMA, it estimates how much a moving average trails the price and corrects for it, using a third level of smoothing to keep the line smooth while staying close to the price.
So wird gerechnet
EMA of the price, EMA of that, and EMA of that again, combined as three times the first minus three times the second plus the third.
E1 = EMA(close, N), E2 = EMA(E1, N), E3 = EMA(E2, N)
TEMA = 3 × E1 − 3 × E2 + E3 (default N = 14)Anwendung
- Short-term trend following, for example price crossing TEMA, or a fast TEMA crossing a slow one.
Schlüsse ziehen
- TEMA hugs the price closely; turns appear quickly but some will be false.
Beispiel
On a 15-minute chart, TEMA(14) turns up one candle after a low, while the 14-period SMA takes about six.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Very responsive, so expect more whipsaws in choppy markets.
Ein wenig Geschichte
Patrick Mulloy, Technical Analysis of Stocks & Commodities, 1994 (together with DEMA).
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.