Triple Exponential Moving Average (TEMA) XAUUSD Technical Analysis & TEMA XAUUSD Signals
Developed by Patrick Mulloy.
This xauusd indicator was originally used for technical analysis in the Stock exchange and Commodities xauusd market before being used in gold trading analysis.
This a xauusd trend following indicator, it was intended to lessen lag of the original exponential moving average.
The calculation is based on three EMAs:
- a single EMA
- a double EMA and
- a triple EMA
The 3 EMAs when combined produce a lesser amount of lag than any of the three EMAs.
XAUUSD Technical Analysis and How to Generate Trading Signals
The TEMA XAUUSD technical indicator can be traded in the same way as the original moving averages
The most popular technical analysis technique of generating trading signals is to compare the moving average line and the gold price action of the xauusd.
- A buy signal is generated when both the gold price & the indicator are moving upward while
- A sell trading signal is generated when the price & the indicator are both heading downwards.
Buy Sell XAUUSD Signal
XAUUSD Trading Crossover Gold Trading System
Another popular technical analysis technique of TEMA is the cross-over system.
The TEMA cross-over system includes 2 or more triple exponential moving averages crossing above/below each other to generate xauusd signals. One indicator has fewer periods than the other. This system will also include combining it with other indicators as additional entry confirmation signals
XAUUSD Trading Crossover XAUUSD Trading System
