The Exponential solves the age old dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact the almost eliminates lag altogether and manages to improve smoothing at the same time.
Developed by Alan Hull
Coded by Twitter @borserman
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.