Triple Exponential MA (TEMA) Technical Analysis and TEMA Trading Signals
Developed by Patrick Mulloy.
This indicator was originally used for analysis in the Stock exchange and Commodities market before being used in Silver analysis.
This a trend following 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 Exponential Moving Average and
- a triple EMA
The 3 EMAs when combined produce a lesser amount of lag than any of the three EMAs.
Trading Technical Analysis and How to Generate Trading Signals
The TEMA indicator can be traded in the same way as the original moving averages
The most popular analysis technique of generating trading signals is to compare the moving average line and the price action.
- A buy signal is generated when both the price & the indicator are moving upwards while
- A sell signal is generated when the price and the indicator are both moving downwards.
Buy Sell Trading Signal
Silver Trading Cross-over XAGUSD Strategy
Another popular analysis technique of TEMA is the cross-over system.
The TEMA crossover system includes 2 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
Silver Trading Cross-over XAGUSD Strategy