For the simple moving average, add the closing price for each day in the period together, then divide the result by the total number of days in the period. In this example, moving averages for 10 ...
For the sake of example, we'll use a 10-day moving average throughout this discussion, though the calculations for weekly and monthly moving averages would follow the same logic. A simple 10-day ...
is a basic moving average calculated by averaging the closing prices of a currency pair over a set period. For example, a 10-day SMA is calculated by adding up the closing prices for the last 10 ...
By learning a variety of indicators, a forex trader can determine the right time and the right strategy to trade any given currency pair.
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When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis ...