Yeah, I changed it cause it was confusing. The green arrow points towards the graveyard, the opposite end (which is a skull in early versions of the game) just points out into the wilderness. The other skull, which moves independently like a clock hand, points towards the cabin / cave.
We are at version 0.0.5 now, which has a lot less problems. I'd recommend using the itch.io app to install it because it will auto-update as I release new versions :)