Abbreviation: Short Sales Interest/Total Ratio: ExpAvg Diff
Category: Market Short Sales
Input Parameters:
| Name | Range | Default |
| Total Short Interest | ||
| Total Short Sales | ||
| ExpAvg1 Periods | Int >=1 | 5 |
| ExpAvg2 Periods | Int >=1 | 5 |
Calculation:
ExpAvg(X, ExpAvg1 Periods) – ExpAvg(X, ExpAvg2 Periods)
where
X = Short Sales Interest/Total Ratio(Total Short Interest, Total Short Sales)
Short Sales Interest/Total Ratio represents Short Sales Interest/Total Ratio
ExpAvg represents Exponential Moving Average
Discussion:
This indicator attempts to quantify movements in the Short Sales Interest/Total Ratio indicator by calculating the difference between two moving averages. Since it uses exponential moving averages (which give more importance to the most recent periods than to less recent periods), the indicator tends to focus more upon movement occurring in the most recent periods.