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A mathematical procedure to smooth or eliminate the fluctuations in data and to assist in determining when to buy and sell. Moving averages emphasize the direction of a trend, confirm trend reversals and smooth out price and volume fluctuations or "noise" that can confuse interpretation of the market; the sum of a value plus a selected number of previous values divided by the total number of values. |
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Charting the Stock Market: The Wyckoff Method -- Books | |
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Professional Traders Starter Kit -- Software |
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