Abbreviation: ExpAvg1(ExpAvg2/Lag(ExpAvg2) Ratio)
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 ratio of a moving average to the same sized lagged moving average.