Weighted Moving Average Explained - Calculation, Formula and Tips for Traders
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Weighted Moving Average Explained - Calculation, Formula and Tips for Traders
The weighted moving average is a technical indicator that determines trend direction. It generates trade signals by assigning a greater weight to recent data points and less weight to past data points. The data points are usually asset close prices. It is a step further and more accurate than the simple moving average (SMA), which determines ...
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