a comparison of moving averages ... and introducing a new one.

Quote from Emil:

I'm guessing Fib Weighted means it's just an exponential average with α = 1,618? How is it clearly the best one? Based on what?
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As I told Nazzdack:
1) "best" to me means closer to that which is being averaged.
2) Rather than be kept in trades "longer", I'm more concerned with getting out of a bad trade sooner.
 
Quote from carlberky:

The chart shows the simple (green), weighted(red), exponential(blue) averages ... and what I've named the Fib Weighted average (black).
The worst performing is the simple average ... and clearly the best is the Fib.
Obviously, the Fib is not as smooth, but if there is any interest, I'll give the formula.
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Check your pm's...
 
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