WMA bot
0
People bought
Min. Amount of investment
25
Profit
High
Bot lifespan
30-90 days
WMA bot

The WMA bot places orders based on the WMA indicator. Signals to buy or sell are formed when two weighed moving averages cross. If the short WMA crosses the long WMA from below, a buy signal is formed. If the short WMA crosses the long WMA from above, a sell signal is formed.

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About WMA bot
WMA bot
Setup Guide

How to set up the WMA bot

  1. Set up the timeframe for your WMA bot.
  2. Set up the length of the short WМА.
  3. Set up the length of the long WMA.

You can always deactivate the bot or change its settings.

How It Works

The WMA indicator is a trend indicator. It smoothers the price movements and allows to determine market trends, analyze main details, and forecast future asset price movements. Smoothening of price movements and averaging price values allows to eliminate noises and errors in bar and candle graphs.

Profit Generation

The main distinctive feature of the weighted moving average is the way it is calculated. The WMA indicator calculates the weighted average value for a preset period. The main difference between a simple average and a WMA is that the WMA prioritizes the most recent price values and they have the most weight.

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