Abbreviation: Avg Offset
Category: Advanced Simple Moving Average
Input Parameters:
Name | Range | Default |
Time Series | Close | |
Avg Periods | Int >= 1 | 5 |
Calculation:
X – Avg(X, n)
where
X = Time Series
n = Avg Periods
Avg represents Simple Moving Average
Discussion:
This indicator attempts to quantify movements in a time series by calculating the difference between the current time series value and the moving average of the time series.