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