images/contents.gifimages/index.gifimages/prev1.gifimages/next1.gif

EAVG()

Definition Exponential moving average. A form of weighted averaging in which all prices influence the current value; older prices gradually diminish in significance.

Syntax images/aspen00000255.gif

Formula images/aspen00000256.gif

Parameters SERIES
Required if the formula name declares the SERIES parameter.

INPUT
Required if the formula name declares the INPUT parameter.

PERIOD
Required if the formula name declares the PERIOD parameter.

<shift>
A number, positive or negative, enclosed in brackets defining the number of bars (periods) to shift the formula line. Typically used only in formulas that will be rendered in chart windows.

Examples EAVG_EX1(SERIES,PERIOD=9)=EAVG(SERIES,PERIOD)

EAVG_EX2(INPUT,PERIOD=9)=EAVG(INPUT,PERIOD[1])

See also: Exponential Moving Average Study