Description
Triple Exponential Moving Average is a combination of a triple EMA and a difference between a tripled single EMA and a tripled double EMA.
Formula
temaArray[] = EMA(close)*3-EMA(EMA(close))*3+EMA(EMA(EMA(close)))
Interpretation
Triple Exponential Moving Average is used to identify trend direction and indicate overbought and oversold conditions.
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