A moving average is calculated by averaging price values from a specified number of bars. Specifically, there are two parameters (inputs) for a moving average formula: 1  Price â a single price value from each bar to be used in calculating the average. 2  Traditionally, the price value used is the closing price of each bar.
Jim Beam White is the No 1 bourbon in the world. Produced in Kentucky, USA since 1795, it is aged a minimum of four years and bottled at 40% ABV. The original recipe is still used today delivering a consistent quality.
For example, the label on a bottle of Jim Beam declares the recipe has been âstandard since 1795.â Itâs indeed based on Jacob Beamâs original recipe, but it wasnât made at all during Prohibition. The Beam family sold the entire distillery and went into fruit farming, limestone quarrying and coal mining.