TEMA
|
Moving averages, summation |
SYNTAX | tema( ARRAY, periods ) |
RETURNS | ARRAY |
FUNCTION | Calculates triple exponentially smoothed average - TEMA. The function accepts time-variable periods. |
EXAMPLE | TEMA( Close, 5 ) |
SEE ALSO | MA(), EMA(), WMA(), DEMA() |
Graham Walker helpman [at] dodo.com.au 2005-02-18 04:51:33 | //TEMA can be implemented via EMA: Len=10; MyTEMA = 3 * EMA(Close,len) - 3 * EMA(EMA(Close,len),Len) + EMA(EMA(EMA(Close,len),len),len); Plot(MyTEMA,"MyTEMA",colorBlue); // for comparison only Plot( TEMA( Close, Len ), "Built-in TEMA", colorRed ); |
The TEMA function is used in the following formulas in AFL on-line library:
See updated/extended version on-line.