Description
Weighted Moving Average is calculated by averaging the prices in a given time period with greater weight givent to the most recent prices.
Formula
wmaArray[] =(closeArray*periodArray)/n! where periodArray[] = {period, period-1, ... , 2, 1}
Interpretation
Weighted Moving Average is indicator used to reflect the average of prices in a time period with most recent data having greatest weight in the average.
inteliCharts Predictive Analytics - Calculating Most Probable Future Stock Prices
- Neural network architecture
- Quantitative processing
- Long term forecasting
- Intraday probability channels