OPEN-SOURCE SCRIPT

TEMA Ribbon 9/13/15/21 – Smooth trend shifts, less lag, clearer

191
“TEMA Ribbon 9/13/15/21 – Smooth trend shifts, less lag, clearer bias.”


Plots four Triple Exponential Moving Averages (9, 13, 15, 21) with shaded zones for quick trend visualization. Helps identify short- vs. medium-term momentum shifts with reduced lag compared to standard EMAs.

Recommended Usage:
Best applied on 5M–1H intraday charts for momentum and trend confirmation.

Use the 9 & 13 TEMA for short-term momentum shifts.

Use the 15 & 21 TEMA for medium-term bias.

Look for crossovers and alignment (all fast TEMAs above/below slow ones) to confirm bullish or bearish conditions.

Shaded zones help visualize when the short- and medium-term trends converge or diverge, signaling potential entry or exit points.

Combine the TEMA Ribbon with VWAP or session-based trading (e.g., London/New York Killzones) to filter signals.

Trade only in the direction of VWAP bias (price above VWAP → favor longs, below → favor shorts).

Within Killzones, use TEMA alignment (9/13 above 15/21 = bullish trend, or opposite for bearish) as confirmation before entries.

This reduces false signals and locks entries to periods of high liquidity and volatility, where TEMA shines.


//version=5
indicator("TEMA 9/13/15/21", overlay=true)

// Quelle
src = close

// Funktion: TEMA
tema(src, length) =>
e1 = ta.ema(src, length)
e2 = ta.ema(e1, length)
e3 = ta.ema(e2, length)
3.0 * e1 - 3.0 * e2 + e3

// TEMA-Berechnung
t9 = tema(src, 9)
t13 = tema(src, 13)
t15 = tema(src, 15)
t21 = tema(src, 21)

// Plots
p9 = plot(t9, "TEMA 9", color=color.teal, linewidth=2)
p13 = plot(t13, "TEMA 13", color=color.aqua, linewidth=2)
p15 = plot(t15, "TEMA 15", color=color.orange, linewidth=2)
p21 = plot(t21, "TEMA 21", color=color.fuchsia, linewidth=2)

// Einfaches Fill (zwischen schnellstem und langsamstem)
fill(p9, p21, color=color.new(color.gray, 85))
fill(p13, p15, color=color.new(color.gray, 92))

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.