Forex Indicator – Weighted Moving Average (WMA)
Posted on March 20th, 2008 by FarEast
Weighted Moving Average (WMA) forex indicator is an average value times with weighted factors that different to data points. In term of analysis technical WMA have their special intention which the weighted experienced an arithmetic contraction. At any n-th day, the latest n-weight and the value of n2-weight is n-1 until its reached zero value.
Simple [...]
Filed under: Indicator | 1 Comment »