Steve has 29 years of financial market experience including 3 years at Credit Suisse and 15 years at Merril Lynch. Steve is the Academic Dean for The London School of Wealth Management and has won many awards from Technical Analyst Magazine.
The Triple EMA (Exponential Moving Average) is a trend following tool that can be used by a technical analyst or technical trader to define:
In this article we will:
Important note: The similarly named Three EMA System, or Three EMA Crossover System is NOT the same as the Triple EMA.
The calculation for the Triple EMA (Exponential Moving Average) is as follows
Triple EMA = (3 x EMA1) – (3 x EMA2) + EMA3
EMA1 = Exponential Moving Average (with lookback n periods)
EMA2 = EMA (with lookback n periods) of EMA1
EMA3 = EMA (with lookback n periods) of EMA2
The Triple EMA is a trend following system, which can be used in a number of ways.
Figure 1: Daily S&P 500
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