Forex Juric Research MT4 Trading Indicator (By Jurik Research) -The properties of this indicator are quite similar to the classic oscillators and exactly the same methods of technical analysis can be applied to it as to the RSI.
Only through the use of more sophisticated smoothing algorithms, it has less delay and smoother shape of the curve.
Jurik Research has gained the reputation of the most reliable, precise and smooth indicators.
Ideally, you would like a filtered signal to be both smooth and lag-free. Lag causes delays in your trades, and increasing lag in your indicators typically result in lower profits.