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HaasOnline’s purpose is to help more people gain control of their financial freedom as the new age of finance evolves. As a trusted partner to investors and a leading provider of financial technology, our customers look to us for the solutions they need when designing and executing on their most important trading strategies.

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Simple Moving Average (SMA)

The Simple Moving Average (SMA) is a widely used technical indicator in trading that calculates the average price of an asset over a specified period of time. It is used to identify the direction of the trend and to determine support and resistance levels. In trading bots like HaasOnline, the SMA can be used to create trading strategies based on crossovers of the price and the moving average. For example, a trader may use a 50-day SMA and a 200-day SMA to identify a bullish or bearish trend, and execute buy or sell orders accordingly. Additionally, the SMA can be used in conjunction with other indicators to create more complex trading strategies.

Simple Moving Average (SMA)

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