Support Board
Date/Time: Wed, 22 Jan 2025 13:08:58 +0000
Weighted Moving Average
View Count: 685
| [2018-09-18 14:13:55] |
| RonW - Posts: 105 |
|
I am having a little trouble deciphering the formula for Weighted Moving Average in the Help section. Is it the same as, for a 3 period moving average, (3 * most recent + 2 * 1 period ago + 1 * 2 periods ago) /3 ???? Thanks |
| [2018-09-18 16:08:09] |
| John - SC Support - Posts: 37369 |
|
Almost. You need to divide by the sum of the weights, or in your example - 6. n(n+1)/2 = 3(3+1)/2 = 6. This is the same as 3 + 2 + 1 = 6.
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