Syntax

WMA(A1; period)

Arguments

A1 must be an array.
The 'period' argument must be a constant greater than or equal to 1.

Result

The result is an array. The first 'period' elements of the result are marked as invalid.

Description

A moving average is an indicator that shows the average value of a security's price over a period of time. A weighted moving average is designed to put more weight on recent data and less weight on past data. A weighted moving average is calculated by multiplying each of the previous days' data by a weight (the weight is the index of the data).

Related Examples

Windows Forms: Data Manipulation\Functions\Moving Averages