Triple Exponential Moving Average (EMA)

Category: trend

Calculates three Exponential Moving Averages (EMA) of varying lengths to identify trend direction and potential dynamic support/resistance levels.

Formula

EMA_t = \alpha \cdot Price_t + (1 - \alpha) \cdot EMA_{t-1} \text{ where } \alpha = \frac{2}{N+1}

Inputs

• Fast MA (default: 9)
• Slow MA (default: 21)
• Slowest MA (default: 36)

See signal primitives and every published strategy that uses Triple Exponential Moving Average (EMA) on WOBR StrategyVerse.