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TEMA;
The triple exponential moving average ( TEMA ) is a composite of a single
exponential
moving average, a double exponential moving average, and a triple
exponential moving
average that provides less lag time ** when there is a trend ** than either
of the three
components individually.
TEMA can be used in place of exponential moving averages. You can use it to
smooth
price data or other indicators.
pds=14;
t=(3*EMA(C,pds))-(3*EMA(EMA(C,pds),pds))+(EMA(EMA(EMA(C,pds),pds),Pds));
Plot(t,"T",colorWhite,styleLine);
Plot(TEMA(C,PDS),"TEMA",colorRed,styleLine); //BULT-IN INDICATOR
TRIX:
TRIX is a momentum indicator that displays the percent rate of change of a
triple exponentially smoothed moving average of a security's closing price.
It is designed to keep you in trends equal
to or shorter than the number of periods you specify.
The TRIX indicator oscillates around a zero line. Its triple exponential
smoothing is designed to filter
out "insignificant" cycles.
CALCULATION:
pds=9;
tr=ROC(EMA(EMA(EMA(C,pds),pds),pds),1)*10;
Plot(tr,"tr",colorWhite,styleLine);
Plot(Trix(pds),"trix",colorRed,styleLine);//bUILT-IN INDICATOR
Anthony
-------Original Message-------
From: amibroker@xxxxxxxxxxxxxxx
Date: Thursday, May 08, 2003 8:46:28 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] TEMA vs TRIX
Can someone tell me exactly what the difference is between these two
functions and what the calculations are for each?
The Amibroker HELP doesn't really describe the difference and it is
hard to tell from the HELP description.
Thanks in Advance
Dennis
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