Weighted Moving Average

A.) The primary difference between the simple moving average and the weighted moving average is the formula used to create them. For a simple moving average, the formula is the sum of the data points over a given period divided by the number of periods.  B.) A 5-period moving average, would be calculated using the following formula: (P1+P2+P3+P4+P5)/5 
Watch our YouTube Videos to learn how we use WMA indicator to trade Forex (Video Title: CADCHF 10-10-2016 and USDJPY 03-11-2016 Trend Forecast) https://www.youtube.com/watch?v=uzVFJH9hbXE and you can see how we forecast with our technical analysis and descriptions.

The primary difference between the simple moving average and the weighted moving average is the formula used to create them. For a simple moving average, the formula is the sum of the data points over a given period divided by the number of periods.