Simple: Avg1 – Avg2

Abbreviation: Avg1-Avg2
Category: Advanced Simple Moving Average

Input Parameters:

Name Range Default
Time Series Close
Avg1 Periods Int >= 1 5
Avg2 Periods Int >= 1 10

 
Calculation:

Avg(X, n1) – Avg(X, n2)

where
X = Time Series
n1 = Avg1 Periods
n2 = Avg2 Periods

Avg represents Simple Moving Average

 
Discussion:

This indicator attempts to quantify movements in a time series by calculating the difference between a moving average and a different sized moving average.
 

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