Alternative of Moving Averages on the Basis of Bezier Curve
Alternative of Moving Averages on the Basis of Bezier Curve
This indicator is alternative of moving averages, but with lower lag.
period – period of averaging;
t – sensitivity coefficient, must be in the range from 0 to 1;
shift – chart shift;
price – prices, upon which the indicator is built (0-close, 1-open, 2-high, 3-low,4-(High[n]+Low[n])/2, 5-(High[n]+Low[n]+Close[n])/3, 6-High[n]+Low[n]+Close[n]+Close[n])/4)