Abbreviation: ExpAvg1-ExpAvg2
Category: Advanced Exponential Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| ExpAvg1 Periods | Int >= 1 | 5 |
| ExpAvg2 Periods | Int >= 1 | 10 |
Calculation:
ExpAvg(X, n1) – ExpAvg(X, n2)
where
X = Time Series
n1 = ExpAvg1 Periods
n2 = ExpAvg2 Periods
ExpAvg represents Exponential Moving Average
Discussion:
This indicator attempts to quantify movements in a time series by calculating the difference between a moving average and a different sized moving average. This indicator is also know as MACD.