Abbreviation: AvgNegMom
Category: Advanced Change
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Avg Periods | Int >= 1 | 10 |
| Momentum Periods | Int >= 1 | 1 |
Calculation:
Average of Negative Momentum(X, M) over the last n periods
where
X = Time Series
n = Avg Periods
M = Momentum Periods
Momentum represents Momentum
Discussion:
Provides the average magnitude of downward changes over the last n periods.