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Triple Exponential Moving Average (TEMA) - Indicator Formula

Updated

The triple exponential moving average can help identify trend direction, signal potential short-term trend changes or pullbacks, and provide dynamic support or resistance.

Calculation: TEMA = ( 3 * EMA1 ) - ( 3 * EMA2 ) + EMA3

Where:

EMA1 = Exponential Moving Average

EMA2 = EMA of EMA1

EMA3 = EMA of EMA2

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