mrtools wrote: Mon Dec 16, 2024 10:15 pm Don't know of any way, to smooth it without adding considerable lag, but added filtering.

Brilliant, bro! This is great! I think the strategy works best for middle line crossovers with filtering applied. However, I have the following idea for taking entries also
I'm looking to take entries on channel breaks on either side so in that case lagging is not important. I noticed that this indicator is quite similar to what we have on TradingView, but they seem to be smoothing it with the 5 period SMA, I guess or may be it have totally different calculation ? If possible, I would kindly request both you and Kvak to consider building something similar to the example provided.
https://www.tradingview.com/script/hsky ... BigBeluga/

Thanks for creating this! for now with filtering applied It seems like the perfect baseline indicator for building strategies.