TEMA

Triple EMA — triple smoothing of an exponential moving average to reduce lag. Triple EMA (TEMA) uses three EMAs to further reduce lag. The formula is built as a linear combination of EMA, EMA(EMA) and EMA(EMA(EMA)). It provides an even faster reaction than DEMA at the same period length, but generates more noise.

Formula:

EMA1 = EMA(Close, period)
EMA2 = EMA(EMA1, period)
EMA3 = EMA(EMA2, period)
TEMA = 3*EMA1 - 3*EMA2 + EMA3

Parameters

Parameter	Type	Default	Range / Values
`Period`	int	20	1-200

Triggers

Trigger	Direction	Condition	Description
Price crosses the line up	🟢 Buy	Price crossed the indicator line from below to above.	The closing price crossed the indicator line from below to above.
Price crosses the line down	🔴 Sell	Price crossed the indicator line from above to below.	The closing price crossed an arbitrary indicator line (MA, Supertrend, etc.) from above to below.
Price above the line	🟢 Buy	The closing price is above the indicator line.	The closing price is above the indicator line (MA, Supertrend, etc.). Reflects the current position of price relative to the trend line.
Price below the line	🔴 Sell	The closing price is below the indicator line.	The closing price is below the indicator line.