WMA = [ P1 + (P2 x 2) + (P3 x 3) + (P4 x 4) + (P5 x 5) ] / ( 1 + 2 + 3 + 4 + 5 ) for a 5 event weighted moving average. Greater weight is given to the most recent prices, but only the most recent price action is taken into account.
                                                            
                                                     
                        
                                                
                        
                        
                            A moving average weighted towards more recent values.... more on: Weighted moving average
                                                            
                                                     
                        
                                                
                        
                        
                            a Moving Average indicator that shows the average value of a security's price over a period of time with special emphasis on the more recent portions of the time period under analysis as opposed to the earlier
                                                            
                                                     
                        
                                                
                                                     
                        
                        
                            A moving average that uses a selected time span, but gives greater weight to the more recent price data.
                                                            
                                                     
                        
                                                
                        
                        
                            A moving average where the most recent data is given greater value than the oldest data.
                                                            
                                                     
                        
                                                
                        
                        
                            A moving average that puts more weight on recent prices. A three-day weighted moving average would add a multiple of 1 to the first date, 2 to the second date and 3 to the third date.
                                                            
                                                     
                        
                                                
                        
                        
                            An averaging technique in which the data to be averaged are not uniformly weighted but are given values according to their importance. See: moving average, simple moving average.