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Daily MA Levels on Intraday Charts
This indicator 'Daily MA Levels on Intraday Charts' shows the price levels of key daily moving averages such as the 10d EMA, 21d EMA, 50d SMA and 200d SMA as horizontal lines on intraday charts such as the 5-minute, 15-minute, 30-minute etc.
This indicator provides the user with the ability to quickly see where higher timeframe daily support could be found in the form of daily key moving averages (10d EMA, 21d EMA, 50d SMA etc) if/when price trades to those levels and can be analysed in more detail using this indicator combined with intraday timeframe charts.
For traders that look for intraday bounces around key daily moving average levels on pullbacks, this indicator may be a useful addition to their intraday charts.
This indicator provides the user with the ability to quickly see where higher timeframe daily support could be found in the form of daily key moving averages (10d EMA, 21d EMA, 50d SMA etc) if/when price trades to those levels and can be analysed in more detail using this indicator combined with intraday timeframe charts.
For traders that look for intraday bounces around key daily moving average levels on pullbacks, this indicator may be a useful addition to their intraday charts.
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