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