Power weighted moving average (PWMA)

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Power weighted moving average (PWMA)

Postby Alexander.Gettinger » Wed Jun 14, 2017 11:45 am

Formula:
PWMA = SUM(Price(i)*(i^Power), Length)/SUM(i^Power, Length).

For Power=1 PWMA is identical to Linear Weighted Moving Average (LWMA).
PWMA_JS.PNG


Download:
PWMA_JS.jsl
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Alexander.Gettinger
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