PROTECTED SOURCE SCRIPT
stelaraX - EMA Ribbon
stelaraX – EMA Ribbon
stelaraX – EMA Ribbon is a multi-moving-average trend indicator designed to visualize trend direction, trend strength, and market structure across several time horizons. By stacking multiple exponential moving averages (EMAs) into a ribbon, it provides a clear view of momentum alignment and trend phases.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The EMA Ribbon calculates multiple EMAs of the selected price source using a sequence of short-to-long periods. Trend state is inferred from the alignment of the faster EMAs relative to the slower EMAs.
Key principles:
* EMAs place greater weight on recent price data for faster trend response
* multiple EMA lengths represent different market horizons
* bullish ribbon conditions occur when shorter EMAs are stacked above longer EMAs
* bearish ribbon conditions occur when shorter EMAs are stacked below longer EMAs
* neutral conditions occur when EMAs are mixed or crossing, indicating transition or chop
A fully aligned ribbon typically signals strong trend structure, while compression and crossovers often precede consolidation or reversals.
Visualization
The script plots:
* eight EMA lines directly on the price chart
* a unified ribbon color that reflects trend state (bullish, bearish, neutral)
* filled areas between consecutive EMAs to create the ribbon effect
* consistent styling for clean readability across timeframes
This makes trend alignment and transitions immediately visible without clutter.
Use case
This indicator is intended for:
* identifying trend direction and trend strength
* spotting early trend transitions via ribbon compression and crossover
* filtering entries in trend-following strategies
* structuring pullback and continuation setups
* acting as dynamic support and resistance across multiple horizons
It works particularly well when combined with price action, structure concepts, and AI-assisted chart evaluation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX – EMA Ribbon is a multi-moving-average trend indicator designed to visualize trend direction, trend strength, and market structure across several time horizons. By stacking multiple exponential moving averages (EMAs) into a ribbon, it provides a clear view of momentum alignment and trend phases.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The EMA Ribbon calculates multiple EMAs of the selected price source using a sequence of short-to-long periods. Trend state is inferred from the alignment of the faster EMAs relative to the slower EMAs.
Key principles:
* EMAs place greater weight on recent price data for faster trend response
* multiple EMA lengths represent different market horizons
* bullish ribbon conditions occur when shorter EMAs are stacked above longer EMAs
* bearish ribbon conditions occur when shorter EMAs are stacked below longer EMAs
* neutral conditions occur when EMAs are mixed or crossing, indicating transition or chop
A fully aligned ribbon typically signals strong trend structure, while compression and crossovers often precede consolidation or reversals.
Visualization
The script plots:
* eight EMA lines directly on the price chart
* a unified ribbon color that reflects trend state (bullish, bearish, neutral)
* filled areas between consecutive EMAs to create the ribbon effect
* consistent styling for clean readability across timeframes
This makes trend alignment and transitions immediately visible without clutter.
Use case
This indicator is intended for:
* identifying trend direction and trend strength
* spotting early trend transitions via ribbon compression and crossover
* filtering entries in trend-following strategies
* structuring pullback and continuation setups
* acting as dynamic support and resistance across multiple horizons
It works particularly well when combined with price action, structure concepts, and AI-assisted chart evaluation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.