In an uptrend, a moving average of a fixed width functions effectively as a support line at a pullback.It also serves as a resistance line in a downtrend at a pullback.

In short, in an uptrend, once the support line is broken and the price declines, and in a downtrend, once the resistance line is exceeded and the price rises.

In other words, the support line and resistance line act as turning lines with important roles.

This concept also applies to indicators.

In the Tenka Shō Chart (Reiwa Edition), not only moving averages but also the indicator’s curve bands clearly display lines that function as support lines/resistance lines turning into turning lines.

【Tenka Shō Chart (Reiwa Edition)】

　　　

　　 　

For product details, please check here.

＼ 「1-minute indicator」’s GoGoChart product page is here／