Abbreviation: Short Sales Specialist/Total Ratio: ExpAvg Diff
Category: Market Short Sales
Input Parameters:
| Name | Range | Default |
| Specialist Short Sales | ||
| Total Short Sales | ||
| ExpAvg1 Periods | Int >=1 | 5 |
| ExpAvg2 Periods | Int >=1 | 10 |
Calculation:
ExpAvg(X, ExpAvg1 Periods) – ExpAvg(X, ExpAvg2 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 quantify movements in the Short Sales Specialist/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.