Variable-Smoothing Exponential Moving Average Indicator
Summary
This document introduces an exponential moving average whose smoothing factor can vary. It identifies the indicator’s configurable inputs, including minimum and maximum sensitivity, two adjustment factors, the applied price, and horizontal and vertical shifts. The description suggests these settings control how the average responds to price, but it does not explain the calculation or provide a trading rule for interpreting the output.
The document contains no chart evidence, performance results, or comparison with a standard EMA. It gives only a brief description and implementation parameters, so it is not possible to assess how the variable factor is derived, what market conditions it suits, or whether it improves signals. The accompanying notes concern compiling the indicator for MetaTrader 4 or MetaTrader 5 and do not add methodological detail.
Key ideas
- The indicator is described as an exponential moving average with a variable smoothing factor.
- Its inputs include minimum and maximum sensitivity and two adjustment factors.
- Users can select the applied price and shift the indicator horizontally or vertically.
- The document provides no formula, trading interpretation, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.