TEMA (Function)
DisclaimerThe TEMA series function gets the value for the TEMA (Triple Exponential Moving Average).
Syntax
TEMA(Price, Length)
Returns (Double)
A numeric value representing the triple exponential moving average (applying an exponential moving average to the price data three times in succession).
Parameters
| Name | Type | Description |
| Price | NumericSeries | Specifies which bar value (price, function, or formula) to consider for the exponential moving average. |
| Length | Numeric | Sets the number of bars over which to calculate the exponential moving average. |
Reference
Patrick G. Mulloy, "Smoothing Data With Less Lag," Technical Analysis of Stocks and Commodities Magazine, Volume 12, Issue 2, February, 1994 (72-80).