Regularized Relative Moving Average

This is regularized relative moving average, on the chart picture is the regularized ema (in blue and orange) for comparison.

What is a Regularized Moving Average?

Chris Satchwell's "Regularized" Moving Average is a faster responding MA which adds just enough smoothing to it's calculation to avoid the introduction of lag by using "Lambda".

Mathematically, it's seen as a superior, fitting replacement over the standard Moving Average and Exponential Moving Average.

What makes it different to any other Moving Average?

Traditionally, analysts will reduce the length (period) of an indicator's settings in order to combat lag, but by introducing "Regularization" to the code equips it with a mathematical factor called Lamda (also written as λ-calculus) that provides control over the moving average's untimely "twitch" by adjusting it's Lambda period.

Note: Adjust the Lambda setting on smaller intraday timeframes by increasing it to 6.0 or higher. When doing so, be sure to take note when backtesting see how false signals are filtered out.