Good day!
recently i have been reading about moving averages at babypips but i dont quite understand the part
where it is stated that it is a lagging indicator. why and how is there a delay in the price ? Eventhough it is based on past prices, wouldn’t the indicator instantaneously change with the formation of every candlestick? thank you very much and ur advise will help me better understand moving average.
cheers
pipboyy