Category Trend  Published on 16/07/2012

Linear Weighted Moving Average

Description

Linear weighted moving average is similar to simple moving average except that a weight coefficient is multiplied to the price.

Formula:

LWMA = SUM(Close(i)*i, N) / SUM(i, N)

Linear Weighted Moving Average ChartShot

 

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SA
sandroui

Joined on 16.07.2012

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: LWMA.algo
  • Rating: 5
  • Installs: 5154
  • Modified: 13/10/2021 09:54
Comments
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DI
dienteciego18 · 2 years ago

 

Hello, how can I add the deviation parameter to the indicator?

thanks