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Syntax
WMA(values; period)
Arguments
The 'values' argument must be an array.
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