Abbreviation: LinWgtAvg-Lag(LinWgtAvg)
Category: Advanced Linearly Weighted Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| LinWgtAvg Periods | Int >= 1 | 5 |
| Lag Amount | Int >= 1 | 5 |
Calculation:
LinWgtAvg(X, n) – Lag(LinWgtAvg(X, n), L)
where
X = Time Series
n = LinWgtAvg Periods
L = Lag Amount
LinWgtAvg represents Linearly Weighted 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.