Abbreviation: Avg-Lag(Avg)
Category: Advanced Simple Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Avg Periods | Int >= 1 | 5 |
| Lag Amount | Int >= 1 | 5 |
Calculation:
Avg(X, n) – Lag(Avg(X, n), L)
where
X = Time Series
n = Avg Periods
L = Lag Amount
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 the same sized lagged moving average.