Triple Exponential Moving Average (TEMA) Technical Analysis and TEMA Signals
Developed by Patrick Mulloy.
This indicator was originally used for trading analysis in the Stock exchange and Commodities market before being used in gold analysis.
This a price trend following indicator, it was intended to lessen lag of the original exponential MA.
The calculation is based on three EMAs:
- a single EMA
- a double EMA and
- a triple EMA
The 3 EMAs when combined produce a lesser amount of lag than any of the three EMAs.
Technical Analysis & How to Generate Signals
The TEMA technical indicator can be traded in the same way as the original moving averages
The most popular trading analysis technique of generating trading signals is to compare the moving average line and the price action of xauusd.
- A buy signal is generated when both the price & the indicator are moving upward while
- A sell signal is generated when price & the technical indicator are both moving downwards.
Buy Sell Trading Signal
XAUUSD Cross Over Gold System
Another popular trading analysis technique of TEMA is the cross-over trading system.
TEMA crossover trading system includes two or more triple exponential MAs crossing above/below each other to generate trading signals. One technical indicator has fewer periods than the other. This system will also include combining it with other technical indicators as additional entry confirmation signals
XAUUSD Cross Over System
Learn More Topics & Courses:
- How to Use MT5 Bulls Power Indicator in MT5 Platform
- Forex Ehler MESA Adaptive Moving Average Analysis
- NKY225 Stock Index Market Index Trade Strategy
- What's GBPCHF Spreads?
- How to Add On Balance Volume Technical Indicator in Trading Chart in MT4 Platform
