Abbreviation: LinWgtAvg1-LinWgtAvg2
Category: Advanced Linearly Weighted Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| LinWgtAvg1 Periods | Int >= 1 | 5 |
| LinWgtAvg2 Periods | Int >= 1 | 10 |
Calculation:
LinWgtAvg(X, n1) – LinWgtAvg(X, n2)
where
X = Time Series
n1 = LinWgtAvg1 Periods
n2 = LinWgtAvg2 Periods
LinWgtAvg represents Linearly Weighted 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.