Blog : WMA - Weighted Moving Average Indicator
WMA - Weighted Moving Average
Weighted Moving Averages (WMA) expand upon traditional Moving Averages and Exponential Moving Averages by assigning more weight to the most recent price data. This allows specific time periods to be weighted more heavily in the calculation, making WMA more responsive to recent price changes.
WMA Inputs | |
---|---|
Period | 20 |
Source | close |
Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
---|---|---|---|
Price crossover WMA | Price crossunder WMA | Price crossunder WMA | Price crossover WMA |
Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
Price > WMA | Price < WMA | Price < WMA | Price > WMA |