Variable List Abbreviation: LinWgtMvAvg
Variable Mode(s): Standard, Stock, Futures1, and Futures2
[ Note: uses selected close variable in Stock, Futures1, and Futures2 modes ]
Parameter(s): LinWgtMvAvg time periods
Description:
Smoothes values over n (time periods) time periods, with later values having a linearly decreasing affect on the overall average
Calculation:
sum over n time period of ( value * weight )
sum of weights
where n=LinWgtMvAvg time periods
Example Calculation:
Using values of 13, 17, 12, 14, 19 and a LinWgtMvAvg time periods of 5:
LinWgtMvAvg = (13*1+17*2+12*3+14*4+19*5) / (1+2+3+4+5)
