Weighted Moving Average Oscillator (WEIGHTEDMOVINGAVERAGEOSC)
StratCraft indicator page for distance from a weighted moving average baseline.
Route: /indicators/weightedmovingaverageosc/
What It Does
WEIGHTEDMOVINGAVERAGEOSC measures how far price is extended away from a weighted moving average.
Formula
Oscillator = Price - WMA(period)
Parameters
period- default30
C++23 API
#include <nonabt/indicators/weightedmovingaverageosc.hpp>
auto wmaOsc = std::make_unique<nonabt::WEIGHTEDMOVINGAVERAGEOSC>(data().close(), 30);
Common Usage
- Use the zero line for momentum confirmation.
- Pair it with WMA or WMA envelope bands to detect extensions.
- Helpful for pullback timing and short-term mean reversion.
