Linearly Weighted: LinWgtAvg1(LinWgtAvg2 / LinWgtAvg3 Ratio)

Abbreviation: LinWgtAvg1(LinWgtAvg2/LinWgtAvg3 Ratio)
Category: Advanced Linearly Weighted Moving Average
Input Parameters:

Name Range Default
Time Series Close
LinWgtAvg1 Periods Int >= 1 5
LinWgtAvg2 Periods Int >= 1 5
LinWgtAvg3 Periods Int >= 1 10

 
Calculation:

LinWgtAvg((LinWgtAvg(X, n2) / LinWgtAvg(X, n3)), n1)

where
X = Time Series
n1 = LinWgtAvg1 Periods
n2 = LinWgtAvg2 Periods
n3 = LinWgtAvg3 Periods

LinWgtAvg represents Linearly Weighted Moving Average

 
Discussion:

This indicator attempts to quantify movements in a time series by calculating the moving average of the ratio of two different sized moving averages.
 

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