Regularized EMA by Cris Satchwell.
It has two parameters:
- Period – period;
- Applied price – price used for calculations.
Calculation:
REMA[i] = (REMA[i-1]*(1 + 2*Lambda) + Alpha*(Price[i] – REMA[i-1]) – Lambda*REMA[i-2])/(1 + Lambda)
where
Alpha=2/(Period + 1), Lambda=0.5.
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