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