Heyhey man I love the write up thank u mrtoolz for our new mathematical indi's!!! I am using them & in simple terms I'm calling these "better than smoothing filter" indicator...... it uses Lambda calculusmrtools wrote: Tue Sep 19, 2023 6:08 am This is regularized relative moving average, on the chart picture is the regularized ema (in blue and orange) for comparison.
Lambda setting of 8.0 on M5 chart. A bit laggy but much smoother than SMA