Price High: Simple MovAvg

Abbreviation: PriceHigh Avg
Category: Advanced Price Basic
Input Parameters:

Name Range Default
High Price High
Price Periods Int >= 1 5
Avg Periods Int >= 1 5

 
Calculation:

Avg(X, Avg Periods)

where
X = PriceHigh(High Price, Price Periods)

PriceHigh represents Price High
Avg represents Simple Moving Average

 
Discussion:

This indicator attempts to smooth the Price High indicator by calculating its moving average. Since it uses a simple moving average (which gives equal importance to all the periods within the moving average’s time frame), this method of smoothing may cause more of a lag time than the exponential variant.
 

Was this article helpful?

Related Articles