Moving Average Ribbon
Trend, MA Ribbon
- What it shows
A bundle of moving averages of increasing length drawn together as a ribbon.
- How it is built
Several averages with step-by-step longer lengths are plotted at once.
Default: Lengths and types are set in the Inputs window.
- How traders read it
- A tight ribbon means a range, a fanned-out ribbon a trend.
- Lines in order from short to long show a clean trend.
- Lines tangling together show a turn or a pause.