Abbreviation: Short Sales Member/Total Ratio: ExpAvg
Category: Market Short Sales
Input Parameters:
| Name | Range | Default |
| Member Short Sales | ||
| Total Short Sales | ||
| ExpAvg Periods | Int >=1 | 5 |
Calculation:
ExpAvg(X, ExpAvg Periods)
where
X = Short Sales Member/Total Ratio(Member Short Sales, Total Short Sales)
Short Sales Member/Total Ratio represents Short Sales Member/Total Ratio
ExpAvg represents Exponential Moving Average
Discussion:
This indicator attempts to smooth the Short Sales Member/Total Ratio indicator by calculating its moving average. Since it uses an exponential moving average (which gives more importance to the most recent periods than to less recent periods), the smoothing is influenced most by recent periods.