Abbreviation: LinWgtAvg Ratio
Category: Advanced Linearly Weighted Moving Average
Input Parameters:
Name | Range | Default |
Time Series | Close | |
LinWgtAvg Periods | Int >= 1 | 5 |
Calculation:
X / LinWgtAvg(X, n)
where
X = Time Series
n = LinWgtAvg Periods
LinWgtAvg represents Linearly Weighted Moving Average
Discussion:
This indicator attempts to quantify movements in a time series by dividing the current time series value by the linearly weighted moving average of the time series.