WMA
|
Moving averages, summation |
| SYNTAX | wma( ARRAY, periods ) |
| RETURNS | ARRAY |
| FUNCTION | Calculates weighted average. 5 day weighted average gives weight of 5
to the most recent quote, 4 to the previous quote, downto 1 for the 5-bar
back quote. The function accepts time-variable periods. |
| EXAMPLE | WMA( Close, 5 ) |
| SEE ALSO | MA(), EMA(), WMA(), DEMA() |
The WMA function is used in the following formulas in AFL on-line library:
See updated/extended version on-line.