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.
What this means, is that Jim Beam is not blended with other whiskeys, that the mash contains 51% corn, some of the mash from the previous batch is added to the next one, and that the entire product was made within the state of Kentucky. (The label also says âThe Worldâs Finest Bourbonâ).