Nevron .NET Vision Documentation

Weighted Moving Average

Chart for .NET > User's Guide > Data Manipulation > Functions > Financial Functions > Moving Averages > Weighted Moving Average |

Syntax

WMA(values; period)

Arguments

The 'values' argument must be an array.

The 'period' argument must be a constant greater or equal to 1.

The 'period' argument must be a constant greater 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 day's data by a weight (the weight is the index of the data).

Related Examples

Windows Forms: All Examples\Data Manipulation\Functions\Financial\Moving Averages