Triple EMA
Trend, TEMA
- What it shows
An even faster moving average that follows price with very little delay.
- How it is built
It combines three EMAs: three times an EMA, minus three times the EMA of that EMA, plus the EMA of the second one.
Default: Length 9, source close.
- How traders read it
- Follows price most closely among the EMA family.
- Slope changes are read as early turns.
- Noisy in sideways markets.
- History
Described by Patrick Mulloy in Technical Analysis of Stocks and Commodities magazine, January 1994.
Patrick Mulloy, 1994
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