This is Mladen's Adaptive Lookback TMA/TRIMA (Triangular Moving Average) for MT4 as a standalone indicator.

As explained by Mladen:
This one is a "pure" adaptive look-back indicator : was doing some experimenting and tested what happens with the triangular moving average when it gets adaptive (not a logical step since TMA calculation is based on bars not like EMA for example, but the result is surprisingly good considering and decided to post it) It is fast (even with default "speed" set to 1) and is smooth and that is what I like in it - the fact that it still keeps the smoothness

The "TMA" is a triangular moving average (the "real" triangular moving average not the centered one) so there is no repainting in it. Possible usage could be something like this : red is with speed a blue is with speed 1.2