Abbreviation: VolAccum#2 Avg
Category: Volume: Smoothed
Input Parameters:
Name | Range | Default |
High Price | High | |
Low Price | Low | |
Closing Price | Close | |
Volume | Volume | |
Avg Periods | Int >= 1 | 5 |
Calculation:
Avg(X, Avg Periods)
where
X = VolAccum#2: Raw(High Price, Low Price, Closing Price, Volume)
VolAccum#2: Raw represents Volume Accumulation #2: Raw
Avg represents Simple Moving Average
Discussion:
This indicator attempts to smooth the Volume Accumulation #2 indicator by calculating its moving average. Since it uses a simple moving average (which gives equal importance to all the periods within the moving average’s time frame), this method of smoothing may cause more of a lag time than the exponential variant.