This combination of multiple types of MovingAverages shows the market's tendency to Trend or Range without any delay, making it particularly effective at predicting potential market volatility. This can be used for immediate direction bias or long term market shifts. As with any indicator it alone doesn't provide precise entries, it needs to be used in combination with a strategy.
Some details: use the 200MA(pink line) as the short term bias. Remove 500SMMA depending on strategy because it may cause issues. There is a session display tool, as a quality of life improvement.