Abbreviation: LinWgtAvg Offset
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 calculating the difference between the current time series value and the moving average of the time series.