Market / MetaTrader 4 / Indicators /

Ribbon Trend

FREE

Published: 18 December 2020

Current version: 1.70

Ribbon Trend

4.75

Indicators
Sutthichai Mungdee
Sutthichai Mungdee
Thailand

10440
4.4 (12)
15 products
Version: 1.70
Updated: 29 March 2021

This indicator is a simple tool to spot a possible trend.

When the ribbon below the price bars, It will turn to Green color and the trend is seen to be bullish

When the ribbon above the price bars, it will turn to Red color and the trend is seen to be bearish.

It can be used a either Entry Signal

Exit Signal or trailing stop, so it is very versatile.

By default color : Green is UP trend and Red is Down trend

and this work perfect with Bar4Colors.ex4

more...

Daniel Santoso 2022.08.17 08:26 #

Good

3471

John Winsome Munar 2022.06.17 00:10 #

Good for entry/exit signal, with TS too.

1055

Fernando Alonso 2022.03.26 20:26 #

Good indicator, makes trading much easier. Thanks

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