Moving Averages. How to Choose and Use Them?
Time to review the most popular tool - Moving Averages.
Thandiwe Mbeki
Every tool we've covered so far - trend lines, chart patterns relies on you visually identifying swing highs and lows. Moving averages take a different approach: instead of you drawing anything by hand, a moving average calculates a single smoothed line directly from the price data, and lets that line do the work of showing you the trend.
What a Moving Average Actually Calculates?
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