MAVG()

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Related Topics

 

 

Description

Mavg() returns a Modified Moving Average.

 

 

Syntax

 

 

Parameters

SERIES

Use the SERIES parameter when you are referencing a study value. In chart windows, values are displayed in decimals. In quote windows, values are displayed in the units of the underlying instrument.

 

INPUT

Use the INPUT parameter when you are referencing an overlay value.

 

periods

The period parameter defines the number of bars to use in the calculation.

 

<shift>

Optional. 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 displayed in chart windows.

 

 

Return Value

A Modified Moving Average.

 

 

Examples

MAVG_EX1(SERIES,PERIOD=9)=MAVG(SERIES,PERIOD)

 

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

 

 

Comments

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.