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 - Weighted Moving Average
inteliCharts Predictive Analytics - Calculating Most Probable Future Stock Prices
  • Neural network architecture
  • Quantitative processing
  • Long term forecasting
  • Intraday probability channels