Moving Average Weight (WMA):How to analyze the direction of financial market using Moving Average Weight
5 Nov 2019 2 minute read 0 comments QuintoTrader
verage weight = (P1*n)+(P2* n-1)+(P3* n-2)+(P4* n-3)/{(n)+(n-1)+(n-2)+(n-3)} where P is the price and n is the weight average price. Moving average weight is a trend following indicator. Being a trend following indicator,Moving average indicator was...
