Weighted Moving Average (WMA)

A Weighted Moving Average (WMA) is a type of moving average that puts more weight on recent data and less on past data.A moving average is a technical indicator that shows you how the price has moved, on average, over a certain period of time.The Weighted Moving Average puts the greater price that is importance on the recent Exponential Moving Average that assigning the values that shows the most recent prices that put the greater impact on the average than the previous price.