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.
Jack Danielâs is a Tennessee whiskey, and Jim Beam is a Kentucky bourbon. Tennessee whiskies are only produced in Tennessee, and the procedure is defined by law. Although bourbons are produced in any state, Kentucky bourbons are only produced in Kentucky.