A simple signal indicator.

When the direction of the moving average, which is calculated using Close prices, changes, a signal arrow is drawn on the chart:

• If the direction of the Moving Average changes from down- to upward, a Buy arrow is added below the price. If direction changes from up- to downward, a sell arrow is added above the price.

The indicator has two input parameters:

• Period - MA calculation period
• Method - MA calculation method