Frontier Digital Ventures

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Weighted Moving Average

Score

-1.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 44 8.5 0.18% 0.22% 7.3% -3.9% -81.2%
SHORT 44 10.5 0.23% 0.29% 7.3% -4.0% -66.1%

Summary

Technical Analysis

Frontier Digital Ventures (FDV.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.7
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Frontier Digital Ventures (ASX:FDV) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -2.8%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


PROFILE: Frontier Digital Ventures (FDV.AX)


Stock Exchange: ASX
Company: Frontier Digital Ventures
Ticker Codes: | FDV.AX | ASX:FDV |

About Frontier Digital Ventures (ASX:FDV):

Frontier Digital Ventures Limited is a private equity firm specializing in investing in and developing online classifieds business. The firm prefers to invest in property and automotive verticals and general classifieds websites. Frontier Digital Ventures Limited was founded in 2014 and is based in Kuala Lumpur, Malaysia with an additional office in Melbourne, Australia.

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