Little experiment with moving averages.
In this indicator you may use divisor to make average variations....If increase divisor, average is fastest.
Possible 3 types of filtering.
5 types of channels, Hi-Lo channel(repaint channel based on Hi and Lo), DLS levels calculate with EMA, FEMA
and Quantile and floatings levels.
Indicator is MTF, have arrows and alerts and button
Posted here subwindow version too...