ALMA (Arnaud Legoux Moving Average)

ALMA is a moving average that applies a Gaussian weighting curve to price data in order to reduce lag while keeping the line smooth.

It is designed to combine the smoothness of a simple moving average with the responsiveness of an exponential moving average. The indicator is defined by three parameters: Window, Offset, and Sigma. Together they control the number of bars used, the emphasis on recent prices, and the width of the weighting distribution.