---------- INTRODUCTION ---------- Ribbon indicator is a trend indicator based on Moving Average Default setting is 20 WMA
---------- HOW TO READ? ---------- Color GREEN RIBBON = UP TREND (Short Term EMA above Long EMA ) RED RIBBON = DOWN TREND (Short Term EMA below Long EMA )
Width Width of the Ribbon is indicating the strength of the trend. Wider ribbon indicating STRONG trend. Thin ribbon indicating WEAK trend. May indicating Ranging.
---------- HOW TO TRADE? ---------- Only BUY when BULLISH and UPTREND Avoid trading when ranging.
NOTES:- Use with other indicators like FiFT or MCDX to measure the strength of the BULL . Review Global Indices to feel Global market direction to support our trading decision
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