AlgoRanger Momentum + Trend - Following

📘 AlgoRanger Momentum + Trend - Following
Dynamic Trend and Momentum Tracking Indicator

🔍 Overview:
This indicator combines trend direction and momentum strength using a dynamic multi-moving average ribbon (MA Ribbon). It helps traders clearly visualize both the direction and the power of price movement.

The ribbon lines automatically change color based on momentum:

🟢 Green = Bullish momentum

🔴 Red = Bearish momentum

📈 How to Use:
1. Identifying Trend Direction
When all lines are aligned upward and turn green → strong bullish trend

When all lines slope downward and turn red → strong bearish trend

2. Measuring Momentum Strength
Tight and close ribbon → weak momentum

Wide-spread ribbon → strong momentum

Frequent color flips → choppy or sideways market

3. Trading Strategy
Trend Following:

Enter Buy when the ribbon turns green and aligns upward

Enter Sell when the ribbon turns red and aligns downward

Filtering False Signals:

Avoid trading when the ribbon flips colors often or trends are flat

4. Exit Points / Take Profit
Ribbon turns green to red → Exit Buy

Ribbon turns red to green → Exit Sell

Combine with support/resistance or Supply & Demand Zones for confirmation

🧠 Pro Tips:
Combine with other AlgoRanger indicators for best results:

Use Smart Signal for auto entries

Use Supply & Demand Zones to validate price targets

Customize the ribbon speed:

Fast settings for scalping (1m, 5m charts)

Slower settings for swing trading (1h, 4h charts)

🔧 Features:
✅ Auto-color based on momentum shifts

✅ Multiple MA lines for better accuracy

✅ Works on all timeframes

✅ Combines trend and momentum in a single tool

💡 Best For:
Trend-following traders

Scalpers needing fast momentum tracking

Traders seeking signal filtering

All skill levels wanting to visualize trend strength