Abbreviation: Short Sales Member/Total Ratio: Avg
Category: Market Short Sales
Input Parameters:
Name | Range | Default |
Member Short Sales | ||
Total Short Sales | ||
Avg Periods | Int >= 1 | 5 |
Calculation:
Avg(X, Avg 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
Avg represents Simple Moving Average
Discussion:
This indicator attempts to smooth the Short Sales Member/Total Ratio 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.