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