Moving Averages are one of the most popular indicators used by millions of traders across the world. They are also one of the simplest ones, to begin with. They help traders understand the market’s trend without adding complications and without taking away from the clarity of the chart.
As the name suggests, they work by taking an average of a set of pre-specified prices. There are various types of moving averages—simple and exponential. Let’s learn more about what they are, what they look like, and how to use them along with some strategies.
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