Abbreviation: Short Sales Specialist/Total Ratio: Avg Diff
Category: Market Short Sales
Input Parameters:
Name | Range | Default |
Specialist Short Sales | ||
Total Short Sales | ||
Avg1 Periods | Int >= 1 | 5 |
Avg2 Periods | Int >= 1 | 10 |
Calculation:
Avg(X, Avg1 Periods) – Avg(X, Avg2 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
Avg represents Simple 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 simple moving averages (which give equal importance to all the periods within the moving average’s time frame), the indicator treats all periods alike, and does not focus more upon movement between recent or relatively higher volume periods as do the exponential and volume weighted variants.