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Triple EMA

Triple Exponential Moving Average Technical Indicator (TEMA) was developed by Patrick Mulloy and published in the "Technical Analysis of Stocks & Commodities" magazine. It works as the same as EMA. However, it provides smaller lags, even compared to Double EMA.

Input Description:

  • period: MA's period. Must be higher than 1.
  • applied_price: Define the price to be applied. Use 1 of these integers.
    • 0 -> applied_price is Close price
    • 1 Open price
    • 2 High price
    • 3 Low price
    • 4 Median price
    • 5 Typical price
    • 6 Weighted Typical price
  • shift: give an additional offset for the signal. Must not be higher than period.


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Version 1.10 2019.02.03
Wrong description fixes, and off-by-one bug fix at the most left of the chart (like in 14-period indicators, it must start at 14th bars).