Self-Weighted Moving Average

U.S. Dollar/South African RandFXCM

Description

⋅ Mar 7, 2019 1:11 AM

This type of moving average was originally developed by Alex Orekhov at his home. This WMA uses previous prices as weights for the new ones. At the moment, this is a highly experimental approach, so don't use it in real trading.

The weighting scheme is presented on the chart.