Linearly weighted moving average

Linearly weighted moving average,

Definition of Linearly weighted moving average:

  1. A moving average that appoints a greater weighting on recent price information than the common moving average does. Each closing price, over time, is multiplied by the position in a data series to find the average. After the time-periods position is determined, add them together and divide them by the total number of the time periods.

Meaning of Linearly weighted moving average & Linearly weighted moving average Definition