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WAVG()

Definition Weighted moving average. A weighted moving average places more significance on more current data, and less significance on older data.

Syntax images/aspen00000262.gif

Formula images/aspen00000263.gif

Parameters SERIES
Required if the formula name declares the SERIES parameter.

INPUT
Required if the formula name declares the INPUT parameter.

PERIOD
Required if the formula name declares the PERIOD parameter.

<shift>
A number, positive or negative, enclosed in brackets defining the number of bars (periods) to shift the formula line. Typically used only in formulas that will be rendered in chart windows.

Examples WAVG_EX1(SERIES,PERIOD=9)=WAVG(SERIES,PERIOD)

WAVG_EX2(INPUT,PERIOD=9)=WAVG(INPUT,PERIOD[1])

See also: Weighted Moving Averages Study