TEMA (Triple Exponential Moving Average)

Indicator Description

TEMA (Triple Exponential Moving Average) is an improved moving average that reduces lag by applying triple exponential smoothing, increasing responsiveness to price changes.

Function Information

• Function Name: TEMA
• Input Parameters:
  • #Kline: K-line data
• Parameter Settings:
  • timeperiod: Time period (default: 30)
• Output: Moving average value

Calculation Principle

TEMA is calculated using the following formula:

TEMA = (3 * EMA1) - (3 * EMA2) + EMA3

Where:

• EMA1 is the first exponential moving average of price
• EMA2 is the second exponential moving average of price
• EMA3 is the third exponential moving average of price

Usage Scenarios

1. Trend identification and tracking
2. Support and resistance level judgment
3. Price breakout confirmation
4. Trading signal generation