Standard moving average uses too simple calculation algorithm and cannot sufficiently smooth market noises. So at the end of studies we have developed more complicated and modern algorithm which also allows to use 26 different types of smoothing, which can be combined, and two additional coefficients inside this new formula. A straight line is drawn as dots different colors of which indicate rising and falling. You can also enable a regular display of the straight continuous line and arrows (up/down) when direction is changed. Moreover, you can enable a "simple" mode and use the standard calculation algorithm for all 26 modes of smoothing.

Available types of smoothing: Simple Moving Average, Exponential Moving Average, Smoothed Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average (or EPMA, Linear Regression Line), Wilder Exponential Moving Average, Hull Moving Average, Zero-Lag Exponential Moving Average, Double Exponential Moving Average, T3 (original version), Instantaneous Trendline by J.Ehlers, Moving Median, Geometric Mean, Regularized EMA, Integral of Linear Regression Slope, Combination of LSMA and ILRS, Triangular Moving Average, Volume Weighted Moving Average, Smoothing by Mark Jurik, Simplified SMA, Arnaud Legoux Moving Average, Triple Exponential Moving Average, T3 (correct version), Laguerre filter by J.Ehlers.

• PeriodMA - MA calculation period,
• KoeffMA1 - the first coefficient, used only in the new algorithm, does not influence on calculations by the regular algorithm (simple mode),
• KoeffMA2 - the second coefficient, used only in the new algorithm, does not influence on calculations by the regular algorithm (simple mode),
• PriceMA1 - the first set of prices, used in calculation by both new and regular algorithms,
• PriceMA2 - secondary set of prices, used in calculation by new algorithm only, does not influence on calculations by the regular algorithm (simple mode)
• MethodMA1 - the first smoothing method in the set, used in calculation by both new and regular algorithms,
• MethodMA2 - the second smoothing method in the set, used in calculation by new algorithm only, does not influence on calculations by the regular algorithm (simple mode),
• MethodMA3 - the third smoothing method in the set, used in calculation by new algorithm only, does not influence on calculations by the regular algorithm (simple mode),
• SimpleMode - enable (true) / disable (false) the regular calculation algorithm,
• ShowBackLine - enable/disable auxiliary display of the indicator's values as a regular line
• ShowArrows - enable/disable arrows when rise/fall is changed
• ArrowUpCode - code of the up arrow,
• ArrowDnCode - code of the down arrow,
• AddDigits - increasing accuracy of values adding decimal places.