What is WMA
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Old 06-16-2007, 12:45 PM
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Thumbs up What is WMA

hi there,

I am new trader and I know what is EMA and SMA but I don't know what is WMA and how to get WMA indicator.

Many thanks
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Ma..
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Old 06-16-2007, 02:06 PM
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Lightbulb Ma..

All these which u said are moving averages a.k.a MA. SMA is a Simple Moving Average, EMA is an Exponential Moving Average, WMA is a Linear Weighted Moving Average. And there is also another one which is Smoothed Moving Average.

You dont need to download any special indicator as they can all be set within the Moving Average indicator which comes as standard indicator in all charting package. When applying the Moving Average to the chart, you will see a setting called MA Method, clicking on it will give u the different kind of moving averages which u want to use.

Hope thats clear enough.

Quote:
Originally Posted by nasree View Post
hi there,

I am new trader and I know what is EMA and SMA but I don't know what is WMA and how to get WMA indicator.

Many thanks
Reply With Quote
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Old 06-16-2007, 06:19 PM
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Thanks you bossxero,
I understood and clear enough.

Many thanks
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