Moving Averages: Conclusion
By: Casey Murphy
In this tutorial, we've covered the basics of moving averages. Here's a brief recap:
- Few technical indicators are as popular and widely followed as the moving average.
- Moving averages come in various forms, but their underlying purpose remains the same: to help technical traders track the trend of financial assets by smoothing out the day-to-day price fluctuations, or noise.
- The simplest form of a moving average is appropriately known as a simple moving average (SMA). It is calculated by taking the arithmetic mean of a given set of values.