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