StockFetcher Forums · Indicators and Measures · Moving Average (Weighted)<< >>Post Follow-up
stockfetcher
963 posts
msg #97212
7/29/2007 2:32:40 PM

Weighted Moving Average

ParametersIndicator
Period

Weights
UsageWMA(5,1:2:3:4:5)
DescriptionThe Weighted Moving Average allows you to specify weighting to a simple moving average. For example:

WMA(5,1:2:3:4:5)

Creates a 5-day simple moving average where the weighting is:

Current Bar: 5 / (1 + 2 + 3 + 4 +5)
1 day ago: 4 / (1 + 2 + 3 + 4 +5)
2 days ago: 3 / (1 + 2 + 3 + 4 +5)

...

Example:

Fetcher[close crossed above WMA(5,1:2:4:8:16:32)]





StockFetcher Forums · Indicators and Measures · Moving Average (Weighted)<< >>Post Follow-up

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