A moving average is a technical indicator that averages a number of consecutive price moves. The number of periods used (days, hours or minutes) is a different variable for different charts.
The moving average is usually used for trend following, and likewise could help you determine a short or major trend in commodity future, but it is not a very good indicator in a choppy market.
A moving average can be a single line of one time period, in which a signal is given when the price of the futures move above or below the moving average. Or you can have multiple time periods in which a signal is given when the moving averages cross over each other.
A shorter period for the moving average will give you a shorter trend for short term trading.
Below is an example of a moving average.
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