Abbreviation: LinWgtAvg
Category: Averages
Input Parameters:
|
Name |
Range |
Default |
|
Time Series |
|
Close |
|
LinWgtAvg Periods |
Int >= 1 |
5 |
Calculation:
(n*T + (n-1)*T[-1] + … + 2*T[-n+2] + T[-n+1]) / (n + (n-1) + … + 2 + 1)
where
T = Time Series
T[-j] = Time Series value j periods ago
n = LinWgtAvg Periods
Discussion:
Provides a smoothing of a time series with an emphasis given to values during the most recent time periods.