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