Quoting fx-trader777DislikedBut may be my question is dumb question but why lower 8 SMA is 0.7495. I understand why upper 55 is 0.7515 because the highest price is 0.7515 in this period but lower price where 8 Sma goes is 0.7500. Please can you clarify it for me?Ignored
I'm not sure I understand your question. I don't know what you mean when you say that the 8 sma price goes to .7500.
I'm sorry I don't understand your question. There are no dumb questions, only dumb answers :
I've made some notes on your chart to clarify how the boundaries are calculated. Only the SMA values are used. Price is not used in the calculations.
Read Team Aphid's explanation in my earlier post as to why price is ignored.
If you still don't understand, just ask again.
Thanks
Dial
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