RobertoLeyva

ALPHA Ribbon

RobertoLeyva Updated   

The indicator ALPHA, R
Its main function is to show a change in trend in the price and retracements,
in addition to indicating the point of entry to the color camnio is the moving averages.

These behaviors manifest themselves in the following way:

1-Change of trend;
the ema of 4 passes the ema of
55,
interpretation by colors;
bullish:
moving socks change color
from red to orange and then to
Light Blue
bass guitarist:
moving socks change color
light blue to strong blue and then to
Red

2-pullback;
the ema of 4 passes the ema
of 8 and when you get to 12 it returns to your
current trend and for
deeper setbacks can
get to the ema of 21 and come back in
direction of your current trend.
interpretation by colors:
bass guitarist :
moving averages change from red to
orange and returns to red
bullish:
moving stockings change from light blue
to strong blue and turn light blue
Release Notes:
nterpretation by colors;
bullish:
moving socks change color
from red to blue and then strong
Light Blue
bass guitarist:
moving socks change color
light blue to orange and then a
Red

2-pullback;
the ema of 4 passes the ema
of 8 and when you get to 12 it returns to your
current trend and for
deeper setbacks can
get to the ema of 21 and come back in
direction of your current trend.
interpretation by colors:
bass guitarist :
moving averages change from red to
blue strong and returns to red
bullish:
moving stockings change from light blue
to orange and turn light blue
Release Notes:
same rules and previous functions

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