Skip to content

WMA

Weighted Moving Average — a linearly weighted moving average emphasizing recent prices. Weighted Moving Average (WMA) assigns linearly decreasing weights to the data: the most recent value gets weight n, the one before it n-1, and so on. It reacts faster than SMA but slower than EMA. Used in HMA and the Coppock Curve.

Formula:

WMA = SUM(Close[i] * (period - i), period) / SUM(weights)
where weights = period, period-1, ..., 1
ParameterTypeDefaultRange / Values
Periodint201-200
TriggerDirectionConditionDescription
Price crosses the line up🟢 BuyPrice crossed the indicator line from below to above.The closing price crossed the indicator line from below to above.
Price crosses the line down🔴 SellPrice crossed the indicator line from above to below.The closing price crossed an arbitrary indicator line (MA, Supertrend, etc.) from above to below.
Price above the line🟢 BuyThe closing price is above the indicator line.The closing price is above the indicator line (MA, Supertrend, etc.). Reflects the current position of price relative to the trend line.
Price below the line🔴 SellThe closing price is below the indicator line.The closing price is below the indicator line.