Average Positive Momentum

Abbreviation: AvgPosMom
Category: Advanced Change

Input Parameters:

Name Range Default
Time Series Close
Avg Periods Int >= 1 10
Momentum Periods Int >= 1 1

Calculation:

Average of Positive 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 upward changes over the last n periods.

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