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 the lag of the original exponential MA.
The calculation is based on 3 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 and How to Generate Trading Signals
The TEMA technical indicator can be traded in the same way as the original moving averages
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/derived when both the price & the indicator are moving upward while
- A sell signal is generated/derived when price and the technical indicator are both moving downward.
Buy Sell Trading Signal
XAUUSD Cross-Over Gold System
Another popular analysis technique/method of TEMA is the cross-over trading system.
TEMA crossover system includes two or more triple exponential MAs crossing above/below each other to generate trading signals. One technical indicator has got fewer periods than the other. This system will also include combining it with other indicators as an additional entry confirmation trade signal
XAUUSD Cross-Over Method
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