Moving Average - Weighted (WMA)

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Moving Average - Weighted (WMA)

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Description

The Weighted Moving Average gives the latest price more weight than prior prices. Each prior price in the period gets progressively less weight as they become older.

 

 

Syntax

WMA(int period)
WMA(ISeries<double> input, int period)

 

Returns default value
WMA(int period)[int barsAgo]
WMA(ISeries<double> input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Examples

ns


// Prints the current value of a 20 period WMA using default price type
double value = WMA(20)[0];
Print("The current WMA value is " + value.ToString());
 
// Prints the current value of a 20 period WMA using high price type
double value = WMA(High, 20)[0];
Print("The current WMA value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.