Introduction To Moving Averages

When you look at a chart, you might wonder what those extra lines that aren’t part of the price action signify. They are known as indicators, and in this post, I will discuss the most generally used indicators: moving averages, or MAs.
Moving averages are classified into two types: basic (SMA) and exponential (EMA) (EMA). We’ll start with SMAs, as the name suggests. Essentially, the moving average is a…