If you're looking for a fresh take on moving averages, the Bezier Curve might just be the game-changer you need. This indicator offers the benefits of traditional moving averages but with significantly less lag, allowing you to stay ahead of the market.
Key Parameters to Know
- Period: This is the number of periods used for averaging.
- Sensitivity Coefficient (t): This value ranges from 0 to 1 and determines how sensitive the indicator is to price changes.
- Shift: Adjust this to shift the indicator along the chart.
- Price Type: The indicator can be based on various price types:
- 0 - Close
- 1 - Open
- 2 - High
- 3 - Low
- 4 - Average of High and Low
- 5 - Average of High, Low, and Close
- 6 - A complex average of all prices
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