Triple Exponential Moving Average (TEMA) Energies Technical Analysis & TEMA Trading Signals
Developed by Patrick Mulloy.
This energies indicator was originally used for technical analysis in the Stock exchange and Energies market before being used in energies trading technical analysis.
This a energies trend following technical indicator, it was intended to lessen the lag of the original exponential moving average.
The calculation is based on 3 EMAs:
- a single EMA
- a double EMA and
- a triple EMA
The three EMAs when combined produce a lesser amount of lag than any of the three EMAs.
Energies Technical Analysis & How to Generate Trading Signals
The TEMA Energies technical indicator can be traded in the same way as the original moving averages
The most popular technical analysis method of generating trading signals is to compare the moving average line and the energies price action of the energies.
- A buy signal is generated when both the energies price & the indicator are moving upwards while
- A sell signal is generated when the price & the indicator are both moving downwards.
Buy Sell Trading Signal
Energies Trading Crossover Energy Trading System
Another popular technical analysis method of TEMA is the crossover system.
The TEMA crossover system includes two or more triple exponential moving averages crossing above/below each other to generate energies signals. One indicator has fewer periods than the other. This system will also include combining it with other indicators as additional entry confirmation signals
Energies Trading Crossover Energy Trading System
