Triple Exponential MA (TEMA) Bitcoin Analysis & TEMA Trading Signals
Developed by Patrick Mulloy.
This btcusd indicator was originally used for technical analysis in the Stock exchange and Commodities cryptocurrency market before being used in cryptocurrency analysis.
This a bitcoin trend following technical indicator, it was intended to lessen the lag of the original exponential moving average.
The calculation is based on 3 EMAs:
- a single EMA
- a double Exponential Moving Average and
- a triple EMA
The three EMAs when combined produce a lesser amount of lag than any of the three EMAs.
Bitcoin Crypto Currency Analysis & Generating Signals
The TEMA Bitcoin technical indicator can be traded in the same way as the original moving averages
The most popular trading analysis method of generating signals is to compare the moving average line and the bitcoin price action.
- A buy cryptocurrency signal gets generated when both the bitcoin price and the indicator are moving upward while
- A sell cryptocurrency signal gets generated when the bitcoin price & the indicator are both moving downwards.
Buy Sell Trading Signal
BTCUSD Crossover Bitcoin Strategy
Another popular technical analysis method of TEMA is the cross over trading strategy.
The TEMA crossover system includes 2 or more triple exponential moving averages crossing above/below each other to generate cryptocurrency signals. One indicator has fewer periods than the other. This system will also include combining it with other trading indicators as additional entry confirmation signals
BTCUSD Crossover Bitcoin Strategy
Learn More Topics and Tutorials:
- How Can You Analyze Bear Pennant Chart Pattern?
- BTCUSD Technical Analysis Trading Indicators Described
- 4 Types of Bitcoin Orders: Pending BTCUSD Orders
- Bitcoin Price Action Day Strategies Using BTCUSD Trading Charts
- How Can You Add Bulls Power BTC USD Technical Indicator in Trading Chart in MT4 Platform?
- Bitcoin Trading Account Opening MT4 Requirements
- on MT4 using Bitcoin Trading Step by Step Tool in MT4 Platform
- How to Trade with Candlestick BTC USD Trading on MT4 Bitcoin Charts
- Trading Bitcoin Place a Pending BTCUSD Order in MT5 Android App