Default values are 12 periods for and 10 periods for MA/TRIX, which helps better response to price movement.
This indicator can use in all markets, all timeframes. This is an update to my indicator, which is a protected script. You can find it at the link: (Triple Exponential Average) indicator?
is a momentum oscillator that displays the percent of a triple exponentially . It was developed in the early 1980s by Jack Hutson, an editor for 'Technical Analysis of Stocks and Commodities' magazine. With its triple smoothing, is designed to filter out insignificant price movements. Chartists can use to generate signals similar to . A signal line can be applied to look for signal line crossovers. A directional bias can be determined with the absolute level. and divergences can be used to anticipate reversals.