TEMA - Triple Exponential Moving Average trend and timing (MT4)

TEMA - Triple Exponential Moving Average removes more lag than a classic EMA by combining EMA of price, EMA of EMA and EMA of EMA of EMA. That gives faster reactions with less noise, perfect for pullback entries, trend following and crossover systems on MetaTrader 4.

What it shows

• Slope and position vs price define the bias.
• Cross with price or with another MA produces timing signals.
• Flattening warns about consolidation.
• Optional alerts on crossovers and slope flips.

Trade ideas

1. Trend pullback: buy when price retests TEMA in an uptrend and the line turns up again. Mirror for shorts.
2. Dual MA system: trade TEMA cross EMA or fast TEMA cross slow TEMA to time momentum shifts.
3. Breakout filter: require price to hold above TEMA after an upside breakout and below after a downside one.
4. Multi TF: higher TF TEMA for bias, lower TF entries when price and TEMA flip together.

Inputs that matter

• Period of TEMA.
• Optional second MA period and type for cross systems.
• Applied price and smoothing.
• Alerts for crosses and slope.

Suggested usage

• M5-M15: pullbacks and exits.
• M30-H4: swing continuation and trend control.
• Daily+: regime bias and breakout validation.

Installation (MT4)

1. Open MetaTrader 4 - File - Open Data Folder.
2. Copy TEMA Indicator.ex4 to MQL4/Indicators.
3. Restart MT4 or refresh Navigator and attach TEMA - Triple EMA.
4. Adjust inputs - OK.

FAQ

Does it repaint? No on closed bars.
TEMA vs EMA? TEMA cuts more lag while keeping smoothness, so signals are earlier with similar stability.
Use in EAs? Yes, via iCustom.

Disclaimer: Always test on a demo first - risk management matters.