Moving Averages On Python || SMA & EWMA
Moving average is a simple, technical analysis tool. Moving averages are usually calculated to identify the trend direction of a stock or to determine its support and resistance levels. It is a trend-following — or lagging — indicator because it is based on past prices. There are various types of moving averages, like SMA & EMA so I tried to create a moving average indicator in which I have plotted 2 moving averages with the help of historical data. A simple moving average (SMA) is a calculation that takes the arithmetic mean of a given set of prices over the specific number of days in the past; for example, over the previous 15, 30, 100, or 200 days. Exponential moving averages (EMA) is a weighted average that gives greater importance to the price of a stock on more recent days, making it an indicator that is more responsive to new information. # Load the necessary packages and modules from pandas_datareader import data...