Triple Exponential Moving Average (TEMA)

[gustyle]

Would anyone be willing/able to code this for me? The formula:

Triple Exponential Moving Average (TEMA) = (3∗EMA1​)−(3∗EMA2​)+EMA3​

where:
EMA1​ = Exponential Moving Average (EMA)
EMA2​ = EMA of EMA1
​EMA3​ = EMA of EMA2​​

Link to Investopedia explanation

I also have a version of the code from Tradingview if that is at all helpful. Thanks!

[gustyle]

Just wanted to bump this to see if anyone would be willing to code it for me…

[KalD]

Try this:

I compared the output to what I get on tradingview and it seems the same. YMMV. Not responsible for losses. I eat crayons, you shouldn’t take indicator advice from me.
(edit: orig version missed ONE little thing that meant it just output a normal ema. It CALCULATED the tema, but didn’t return it. Resolved.)

const predef = require("./tools/predef");
const EMA = require("./tools/EMA");

class TEMA {
    init() {
        this.ema = EMA(this.props.period);
        this.ema1 =  EMA(this.props.period);
        this.ema2 =  EMA(this.props.period);
    }

    map(d) {
        var emav1 = this.ema(d.value());
        var emav2 = this.ema1(emav1);
        var emav3 = this.ema2(emav2);
        var temav = 3 * (emav1 - emav2) + emav3;
        return temav;
        
    }
}

module.exports = {
    name: "Triple EMA",
    description: "Triple Exponential Moving Average",
    calculator: TEMA,
    params: {
        period: predef.paramSpecs.period(14)
    },
    tags: [predef.tags.MovingAverage],
    schemeStyles: predef.styles.solidLine("#8cecff")
};

[KalD]

Someone just marked it as the solution - please make sure you grab the EDITED version. First version didn’t RETURN the tema, it only calculated it. Jumped the gun on publishing, and edited it accordingly.

Edit: also “shared” in community indicators through the trading platform.

[gustyle]

Loaded it up and it looks great! Thank you so much for coding this! I really appreciate it!

Gust

[MrInternationalBanks]

I figured I would ask something similar on the same thread. Would anyone know/be willing to code this for me to use in tradovate? I got it off trading view. EMAX5

[PhineasAndFerb]

Thank you - this works great!