The Academy of Forex
The Academy of Forex is testing the Wilder moving average indicator, which signals when to go long or short in the market. They offer a list of tested indicators for a small fee and a Patreon membership with exclusive trading content. However, out of 27 trades, only nine were winning trades, falling short of their criteria for a successful indicator.
Introduction: Testing the Wilder Moving Average Indicator
– Importance of building the best trading system possible as a team at the Academy of Forex
– Link to save money on TradingView and join Discord
– Introduction to Patreon and exclusive benefits for members
– Announcement of testing the Wilder Moving Average indicator
Testing Scoreboard Update
– Recap of total strategies and indicators tested
– Introduction to top-performing indicators with 100% win rate
– Reminder that strategies and indicators can be applied to multiple markets
Testing the Wilder Moving Average Indicator
– Review of moving averages tested previously and introduction of Wilder Moving Average
– Placement of Wilder Moving Average in lower panel for clearer interpretation
– Explanation of signals based on color changes (green for long, red for short)
– Fast-forwarding of testing until end of year for a comprehensive view
– Plug for Patreon and exclusive channel for advanced trading information
Results of Testing the Wilder Moving Average Indicator
– Counting of signals and winning trades
– Falling short of the required 60 criteria for successful indicator
– Acknowledgement of moving averages’ tendency to be unreliable
Conclusion: Moving Averages have limitations
– Recap of testing results and limitations of moving averages
– Importance of continued testing and exploration of new indicators
– Final plug for Patreon and exclusive benefits for members
