In my opinion, MA is used to analyze market trends depending on the period chosen, the Rainbow indicator which has a colorful appearance uses a combination of many MAs with different periods to give the impression of a rainbow.
In my opinion, MA is used to analyze market trends depending on the period chosen, the Rainbow indicator which has a colorful appearance uses a combination of many MAs with different periods to give the impression of a rainbow.
In my opinion, MA is used to analyze market trends depending on the period chosen, the Rainbow indicator which has a colorful appearance uses a combination of many MAs with different periods to give the impression of a rainbow.
Yes, that's right, there is a combination of many MAs with different period settings and colors on each MA. Interestingly, this color combination produces a picture like a rainbow, a change in trend accompanied by the smallest MA crossing the larger MA.