tema

Function Name: tema

Tags: EMA, Moving Averages

Category: Trend

A technical indicator used for smoothing price and other data. It is a composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. Developed by Patrick Mulloy, the TEMA was first published in 1994.

The TEMA smooth's the price fluctuations and filters out volatility, thereby making it easier to identify trends with little lag. It is a useful tool in identifying strong, long lasting trends, but may be of limited use in range-bound markets with short term fluctuations.

 

Period
	Default Value: 15  |  Minimum: 2  |  Maximum: 999
	Type: Numeric