Quote:
Originally Posted by vario_merah
the MA is Simple Moving Average which its period represent time that written in the upper left corner of the chart
for example
if it is in TF M15:
MA 15M : SMA period 1
MA 30M : SMA period 2
MA 1H : SMA period 4
MA 4H : SMA period 16
MA 8H : SMA period 32
MA DAILY : SMA period 96 (24 hours=15minutex4x24=96)
MA Weekly : SMA period 480 ( 1 week=5 working days=96x5=480)
MA Monthly : SMA period 1920 ( 1 month=4 week=480x4=1920)...
the arrow represent the current move of the MA...
cheers'
a
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so the first arrow indicator represent SMA?what is the 2nd arrow?