Abbreviation: ExpAvg-Lag(ExpAvg)
Category: Advanced Exponential Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| ExpAvg Periods | Int >= 1 | 5 |
| Lag Amount | Int >= 1 | 5 |
Calculation:
ExpAvg(X, n) – Lag((ExpAvg(X, n)), L)
where
X = Time Series
n = ExpAvg 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 difference between a moving average and the same sized lagged moving average.