Thread: LWMA formula

Does anybody know the formula for linear weighted moving averages? I want it for a few work im. I want the FORMULA not MT4 CODE. Any help will be appreciated. thanks.

Linear Weighted Average
This moving average indior is the most frequent out of this three and is utilized to address the issue of the equal weighting. The weighted moving average is calculated by taking the amount of of the closing prices over a certain time period and multiplying them from the job of the data point and dividing by the amount of the amount of periods. In a linear average, today's closing price is multiplied by five, yesterday by four and so forth till the first day in the period range is reached. These amounts are then added and divided by the amount of the multipliers.

Source:
http://www.investopedia.com/universi...hanalysis9.asp

Originally Posted by ;

Linear Weighted Average
This moving average indior is the least common out of this three and is used to address the issue of the equal weighting. The linear moving average is calculated by taking the amount of of the closing prices over a certain time period and multiplying them by the position of the data point and then dividing by the amount of the number of periods. For example, in a five-day linear weighted average, today's closing price is multiplied by five, yesterday's by four and so forth until the first day in the period range...

awesome. Thanks dude.