Threshold Arrow MA Speed is an important addition for identifying new price trends. The heart of this tool is the MA Speed () indicator. The arrows on the main chart indicate that the MA Speed indicator crosses the specified threshold value, THUS determining a new trend (up or down).

The input parameters are the same as for the MA Speed indicator, but with two additional threshold parameters:

Basic parameters:

• Up_threshold – the upper threshold value. If the MA Speed indicator has a higher value, then a green arrow is drawn on the main chart.
• Low_threshold – the lower threshold value. If the MA Speed indicator has a lower value, then a red arrow is drawn on the main chart.

Additional parameters (similar to the MA Speed parameters):

• Moving average method – (SMA, EMA, SSMA, LWMA)
• Applied price – Close, Open, High, Low, Median, Typical, Weighted.
• The period of the moving average.
• Smoothness – the degree of smoothing.

The chart window of the MA Speed indicator is not included in the operation of this indicator. To visualize the MA Speed graph window, you must purchase it separately.