A very simple indicator that plots higher timeframe moving averages. Meant to be used as a visual assistant to the 'Higher Timeframe Moving Average Trend' indicator. Comes FREE with the StratBuilder.
Moving Average Options:
EMA
SMA
Some people like to scalp higher timeframe moving averages, so they might plot a 21 EMA for the 1 day timeframe on a 5 minute chart so they can do quick scalps on it. Others just like to use this as a visual assistant to the 'Higher Timeframe Moving Average Trend ' indicator.
This chart is on the 1 hour timeframe, but is plotting the 9 EMA, 21 EMA, and 55 EMA for the 4h timeframe.