This is Linear Weighted Moving Average (LWMA) is similar to Simple Moving Average (SMA) except that a weight coefficient is multiplied to the price.
Formula :
LWMA = SUM(Close(i)*i, N) / SUM(i, N)
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Re: Moving Averages indicator(s) - cTrader
Tsar, Fri Mar 09, 2018 8:01 pm
LWMA
This is Linear Weighted Moving Average (LWMA) is similar to Simple Moving Average (SMA) except that a weight coefficient is multiplied to the price.
This is Linear Weighted Moving Average (LWMA) is similar to Simple Moving Average (SMA) except that a weight coefficient is multiplied to the price.
