What is the difference between TEMA and T3?

[r-matsuzaka]

T3 - Triple Exponential Moving Average (T3) TEMA - Triple Exponential Moving Average

Both are Triple Exponential Moving Average. What is the difference between TEMA and T3?

[trufanov-nok]

TEMA:

/* For an explanation of this function, please read:
    * 
    * Stocks & Commodities V. 12:1 (11-19): 
    *   Smoothing Data With Faster Moving Averages
    * Stocks & Commodities V. 12:2 (72-80): 
    *   Smoothing Data With Less Lag
    *
    * Both magazine articles written by Patrick G. Mulloy
    *
    * Essentially, a TEMA of time serie 't' is:
    *   EMA1 = EMA(t,period)
    *   EMA2 = EMA(EMA(t,period),period)
    *   EMA3 = EMA(EMA(EMA(t,period),period))
    *   TEMA = 3*EMA1 - 3*EMA2 + EMA3
    *
    * TEMA offers a moving average with less lags then the
    * traditional EMA.
    *
    * Do not confuse a TEMA with EMA3. Both are called "Triple EMA"
    * in the litterature.
    *
    * DEMA is very similar (and from the same author).
    */

T3:

 /* For an explanation of this function, please read:
    *
    * Magazine articles written by Tim Tillson 
    *
    * Essentially, a T3 of time serie 't' is:
    *   EMA1(x,Period) = EMA(x,Period)
    *   EMA2(x,Period) = EMA(EMA1(x,Period),Period)
    *   GD(x,Period,vFactor) = (EMA1(x,Period)*(1+vFactor)) - (EMA2(x,Period)*vFactor)
    *   T3 = GD (GD ( GD(t, Period, vFactor), Period, vFactor), Period, vFactor);
    *
    * T3 offers a moving average with less lags then the
    * traditional EMA.
    *
    * Do not confuse a T3 with EMA3. Both are called "Triple EMA"
    * in the litterature.
    *
    */

[r-matsuzaka]

Thank you very much!