WMA – Weighted Moving Average Explained – Indicator Explained With TradingView

WMA – Weighted Moving Average Explained – Indicator Explained With TradingView

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Explained: The WMA or Weighted Moving Average Indicator is a moving average that averages all of the prices/values in a particular period of time, but weights the values in a weighted fashion with the most recent values weighted the most. The is a common trading indicator, and one of the most common types of moving averages used. Weighting of values in this indicator helps reduce ‘lag’ in the moving average values compared to slower moving averages such as the simple moving average (SMA). Fortunately TradingView has a built-in WMA function so that you won’t have to calculate this yourself.

Weighted Moving Average

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