Indicators,  R

Ribbon Trader -trend-confirmation tool

What It’s For

At its core, Ribbon Trader is a trend-confirmation tool. Plotting four EMAs of your choice shows you at a glance whether short-term and medium-term price action are moving together. When all four EMAs align in the same direction for two consecutive bars, it “votes” on the trend and drops one arrow—no fussing over crossovers or second-guessing whether the market really has momentum.

Ribbon Trader

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How It Helps You Trade

  • Clarity Over Noise: Instead of chasing every crossover or minor pullback, RibbonTrader waits for all four averages to tell the same story. That extra confirmation helps you avoid false signals in choppy markets.

  • One Signal, One Decision: You get a single arrow each time the ribbon confirms a new trend. This keeps your chart clean and prevents signal overload—perfect for decision-makers who prefer quality over quantity.

  • Fully Customizable: Whether you’re scalping with very short EMAs or swing-trading with longer ones, you decide the four periods. Ribbon,Trader adapts to your style—from rapid intraday moves to multi-day swings.

  • Toggle Arrows On or Off: Don’t want arrow markers cluttering your view? Simply disable the ShowUpDownArrows setting to hide them, and use the ribbon colors alone if you prefer.

Getting Started

  1. Choose Your EMA Periods: Pick four lengths that match your trading horizon (e.g., 5/10/20/30 for quick entries, or 20/50/100/200 for longer trends).

  2. Apply the Indicator: Ribbon Trader builds the ribbon for you and watches for two bars of perfect alignment.

  3. Watch for the Arrow: Enter on the arrow signal in the direction of the trend, then manage your risk with your usual stops or targets.

By focusing on pure trend alignment and keeping signals to a single arrow, Ribbon Trader helps you stay in sync with the market’s bigger moves, without the noise. Try it on your next chart and see how much simpler trend-based trading can be.