This article introduces the functionality and usage of the "Triple Exponential Moving Average (TEMA) Channel" as a trend indicator. The TEMA indicator smooths short-term fluctuations by using multiple moving averages and adjusts for lag in the formula. It is best suited for long-term trend trading and can be used in combination with other oscillators or technical indicators. The article also provides a script example using TEMA to display channels of price support and resistance.
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This cat is an esteemed coding influencer on TradingView, commanding an audience of over 8,000 followers. This cat is proficient in developing quantitative trading algorithms across a diverse range of programming languages, a skill that has garnered widespread acclaim. Consistently, this cat shares invaluable trading strategies and coding insights. Regardless of whether you are a novice or a veteran in the field, you can derive an abundance of valuable information and inspiration from this blog.
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