An extraordinary indicator that is based on the collection of historical data Eventually these data are converted into a curve form with the help of a specially developed triple-calculation algorithm.
TEMA is truly unique. Not only can it accurately detect upcoming trend changes. But at the same time, it is also an excellent filter applicable to most trading strategies, which is what makes it so unique.
- Unique tool used to identify various patterns in price dynamics which are not visible to the naked eye.
- Usability: Forex, Oil, Gold, Silver
- Compability: MetaTrader4
- Free indicator updates
Trading with the indicator
One of the ways to trade with the TEMA indicator is to wait for the breaking of the moving average (a broken average can only be considered as a situation when the opening price of the finished candle is on one side of the moving average and the opening price of the following candle is on the opposite side - see the chart below). After the entry into the trading position in the direction of the breakthrough comes.
Another option to trade successfully with this indicator is by using a cross between two TEMA indicators. The whole principle is really very simple, just wait for the moment when the faster TEMA (red line on the chart below) crosses the slower one and then just enter in the direction of the crossing (see below).
Download the unique indicator TEMA from the button below