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📊We have prepared a great article about moving averages in technical analysis!

A Moving Average or MA — one of the oldest and most powerful technical indicators. MAs exist for a long time, and they are among the first indicators ever created to analyze financial markets.

When traders started to use technical analysis to forecast future prices, the first thing to do was to interpret open and closing levels of the previous trading day. Next, they went back in time to collect more data so to better forecast future levels.

Everything was done manually. Nowadays, computers and modern trading platforms allow traders to compute complex technical indicators with a simple mouse click.

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