3 Daily Stepping MA
This indicator displays three essential Daily Moving Averages (50, 100, and 200) on any intraday chart, such as 4-hour or higher timeframes. The MAs are "stepping" daily averages, updating once per day and staying constant throughout the day. The lines are color-coded based on the price's relationship to the moving averages:
Green when the price is above the MA.
Orange when the price equals the MA.
Red when the price is below the MA.
Perfect for tracking daily trends and identifying potential reversals or trend continuations.