Return the value of a simple moving average with a period within the range min to max such that the variance of the same period is the smallest available.
Since the smallest variance is often the one with the smallest period, a penalty setting is introduced, and allows the indicator to return moving averages values with higher periods more often, with higher...
Based off price action, GBPUSD rejected the 1.2348 area, which is a major area of Accumulation, however, I expect a Signal of Strength for a potential continuation to the upside.
Only look for potential opportunities if this satisfies the rules of your Strategy.
Always React, don’t predict.