Abbreviation: Lag(VolWgtAvg)
Category: Advanced Volume Weighted Moving Average
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Volume | Volume | |
| Lag Amount | Int >= 1 | 5 |
| VolWgtAvg Periods | Int >= 1 | 5 |
Calculation:
Lag(VolWgtAvg(Time Series, Volume, n), L)
where
n = VolWgtAvg Periods
L = Lag Amount
Lag represents Lag
VolWgtAvg represents Volume Weighted Moving Average
Discussion:
This indicator provides a lagged smoothing of price by calculating the lag of a volume weighted moving average of price.