Moving averages, RSI and MACD: what the lines calculate
Calculate a simple and exponential moving average by hand, define RSI and MACD, and read them as descriptions that lag.
Module 22 of 26, Reading a chart. Lesson 3 of 7, about 16 minutes.
The takeaway
Moving averages, RSI and MACD are descriptions that lag the price, not predictions of where it goes next.
This page is a public summary. The full lesson has the worked examples, an interactive exercise and a short quiz, and sits in the course. Lessons 1 and 2 of Module 1 are free and the rest need a pass.
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