Weighted Moving Average Video: Is it Worth Trading?
Research Performed With TrendSpider
My research indicates that the WMA performs poorly compared to other moving averages, achieving only a 7% win rate on a standard OHLC chart. However, it yields excellent results when applied to Heikin Ashi charts. Given its extremely poor performance, using WMA on candlestick charts is not recommended.
Through TrendSpider’s advanced backtesting engine, I conducted a scientific analysis of its accuracy, settings, and success rates.
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Read the full article here: Weighted Moving Average Settings Tested.