Making the best use out of moving averages - ConsultFX

Making the best use out of moving averages

A look at one of the most used tools in a trader's trading arsenal A simple moving average is calculated by adding the price of a currency pair (Open/High/Low/Close) for a set period "X" and then dividing the sum by this number "X". For example, to identify a 5-day moving average you would add up the