SIMPLE Vs EXPONENTIAL MOVING AVERAGE
Simple Moving Averages (SMA) have more lag. SMAs are more suited for trading on longer time frames (over 1 hour). These can also be used to help identify support and resistance areas, especially the 200 SMA.
Exponential Moving Averages (EMA) have less lag. These are more suited for trading on shorter time frames (under 1 hour).
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