Abbreviation: Avg1(Avg2-Avg3)
Category: Advanced Simple Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Avg1 Periods | Int >= 1 | 5 |
| Avg2 Periods | Int >= 1 | 5 |
| Avg3 Periods | Int >= 1 | 10 |
Calculation:
Avg((Avg(X, n2) – Avg(X, n3)), n1)
where
X = Time Series
n1 = Avg1 Periods
n2 = Avg2 Periods
n3 = Avg3 Periods
Avg represents Simple Moving Average
Discussion:
This indicator attempts to quantify movements in a time series by calculating the moving average of the difference between two different sized moving averages.