Abstract: A signal processor generates an estimate of a block of weighted input values. An adjustable mode parameter determines a time point relative to the input values at which the estimate is computed. By varying the mode parameter, the output characteristics of the processor are variable between that of a smoother, a filter and a forward predictor of the input values. When input signal confidence is low, the mode parameter is adjusted so that the processor smoothes the input signal. When input signal confidence is high, the mode parameter is adjusted so that the processor output has a faster and more accurate response to the input signal. The variable mode averager is particular applicable to the monitoring of critical physiological parameters in patient-care settings.