The Wilder's Smoothing Average (WMA) indicator.
It has two input parameters:
- Period - calculation period;
- Applied price - price used for calculations.
Calculations:
WMA = (Applied price - PrevWMA) * k + PrevWMA
where:
k = 1/Period
Author
ScriptorPublished date
Sep 27, 2018
The Wilder's Smoothing Average (WMA) indicator.
It has two input parameters:
Calculations:
WMA = (Applied price - PrevWMA) * k + PrevWMA
where:
k = 1/Period
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