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8 Averages

When an indicator or average is based on a some number of past days, only trading days are counted, so for instance 10 days is 2 weeks. Days with no trading (public holiday, trading halt, etc) are skipped too.

At the start of data, either the initial listing, or just the start of what’s been downloaded, generally a shortened period of averaging is applied, so there’s an average immediately shown, though it may not be based on less than the desired period until N dayes, etc.

Of the following averages, the simple moving average and exponential moving average are the best known.


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