Trend indicators
TEMA: Triple Exponential Moving Average
An even faster moving average than DEMA: three EMAs combined to remove most of the delay.
La idea en pocas palabras
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.
Cómo se calcula
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)Cómo usarlo
- Short-term trend following, for example price crossing TEMA, or a fast TEMA crossing a slow one.
Sacar conclusiones
- TEMA hugs the price closely; turns appear quickly but some will be false.
Ejemplo
On a 15-minute chart, TEMA(14) turns up one candle after a low, while the 14-period SMA takes about six.
Los precios de los ejemplos son ilustrativos.
Ten cuidado con
- Very responsive, so expect more whipsaws in choppy markets.
Un poco de historia
Patrick Mulloy, Technical Analysis of Stocks & Commodities, 1994 (together with DEMA).
Solo contenido educativo. Ningún indicador ni patrón predice el futuro, y nada de lo aquí expuesto es asesoramiento de inversión.