Category: Trend · Complexity: ★☆☆☆☆ (1/5)
Tags: trend, live-overlay, price
Live chart overlay: TEMA
Formula
TEMA = 3·EMA − 3·EMA(EMA) + EMA(EMA(EMA))
How to read
Very responsive trend overlay. Price holding above TEMA in an uptrend is constructive.
Limitations
Over-responsive in chop. Triple smoothing can still overshoot spikes.
Typical settings
21
TEMA is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.