TEMA - Triple Exponential Moving Average

Description

The TEMA is combined from a single, a double and a triple EMA. This combo improves the delay between the indicator and price movements. The Triple Exponential Moving Average is quite efficient at smoothing price changes.

You can find more information about moving averages here: Moving Averages.

Usage

TEMA(int period)
TEMA(IDataSeries inSeries, int period)
TEMA(int period)[int barsAgo]
TEMA(IDataSeries inSeries, int period)[int barsAgo]

Return value

double

When using this method with an index (e.g. TEMA(14)[int barsAgo] ), the value of the indicator will be issued for the referenced bar.

Parameters

inSeries Input data series for the indicator

period Number of bars included in the calculations

Visualization

TEMA - Triple Exponential Moving Average

Example

//Output for the Triple Exponential Moving Average
Print("The current TEMA value is " + TEMA(14)[0]);