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MAVG()

Definition Modified moving average. A simplified method for calculating a moving average, modified moving averages provide a value that is similar to simple moving averages. Many technical studies employ a modified moving average.

Syntax images/aspen00000258.gif

Formula images/aspen00000259.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 MAVG_EX1(SERIES,PERIOD=9)=MAVG(SERIES,PERIOD)

MAVG_EX2(INPUT,PERIOD=9)=MAVG(INPUT,PERIOD[1])

See also: Modified Moving Averages Study