AI Moving Average Ribbon Indicator
- Indicators
- Version: 1.0
Eight exponential moving averages from a start period with a fixed step form a ribbon; the name shows whether the ribbon is fully stacked up, down or mixed.
Key features
- Calculated on closed bars, values do not repaint
- Works on any symbol and timeframe
- All periods, levels and colours can be changed in the inputs
- Light on resources with a maximum bars setting
- Buffers available for use in your own Expert Advisors (iCustom)
Buffers
0-7 ribbon averages from fastest to slowest.
Inputs
Ribbon: First EMA period, Period step between lines.
Display: Maximum bars to calculate.
Note
This is an analysis tool. It does not place trades.
