Indicators
wma
Weighted Moving Average (WMA) is a moving average that assigns different weights to data points, with more recent prices having higher weights. It responds more quickly to price changes than a Simple Moving Average, making it useful for identifying trends and potential support/resistance levels.
wma (tick)
Weighted Moving Average (WMA) is a moving average that assigns different weights to data points, with more recent prices having higher weights. It responds more quickly to price changes than a Simple Moving Average, making it useful for identifying trends and potential support/resistance levels.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 14 | The number of minutes to calculate the WMA |
SQL example
TICK wma WITH minutes=14 > 50.25 THEN order SET size=100, price=51.00, transmit=true