20-bar weighted moving average of close, in price.
Preview
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What it measures
A moving average whose weights fall off linearly across the window rather than exponentially.
- Inputs
- Length 20Source close
- Output
- A line, in price
- Feeds
- Entry and exit rules
- Warm-up
- 20 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Weighted Moving Average (WMA)
- Also known as
- WMA, Linearly Weighted MA