Exponential Smoothing with Trend Adjustment

[Apprentice]

ES[period] = Alfa* Close[period-1]+(1-Alfa)*(Forecast[period-1]+Trend[period-1]);
Trend[period]=Beta*(Forecast[period]-Forecast[period-1])+(1-Beta)*Trend[period-1];

EMA with Trend Adjustment.lua

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The indicator was revised and updated

[Alexander.Gettinger]

MQL4 version of indicator: viewtopic.php?f=38&t=61387.

[Apprentice]

The indicator was revised and updated.