This script is a fork of the Madrid Ribbon, the only difference is that you can color your bars depending on the trend.
This is a 5 EMA Ribbon, created to be a simplified version of the Super Guppy, which was used as a starting point.
This script color codes the price bars based on the close-value position relative to a moving average ribbon. Rainbow colors used for simplicity and readability. Use to study which colors are most likely to produce continuation vs. reversal. **** MUST use bars, not Japanese candles! ****
Volume weighted version of ALMA Ribbons script found here ------------------------------------------------------- If you find it useful please consider a tip/donation to the rumpy liquidation recovery fund : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
ALMA (Arnaud Legoux Moving Average) alternative to EMA Ribbons.
Pretty weird and experimental fibonacci ribbon overlay, for visual use and fun only at the moment. Will update the script if i think of any other ways to use it, ideas welcome. Meant for use with Heikin Ashi candles. Biffy
A study of moving averages that utilizes different tricks I've learned to optimize them. Included is Bollinger Bands, Guppy (GMMA) and Super Guppy. The method used to make it MtF should be more precise and smoother than regular MtF methods that use the security function. For intraday timeframes, each number represents each hour, with 24 equal to 1 day. For daily,...
All the moving averages bewteen 3 and 200 in increments of 5. with the ability to change colours and change between simple and exponential. It provides an easy and fast way to determine the trend direction and possible reversals.
Copyright by RJ 3/2018 Should be used with lower timeframe and higher timeframe charts First set your chart to the lower timeframe you'd like to analyze see f.bpcdn.co For this method, low timeframe/high suitable timeframe pairs are: 5min with 30min parent 15min with 1hr parent 30min with 4hr parent 4hr with daily parent daily with weekly parent...
Hey guys. Here's a basic script that puts 5 EMAs on your screen at once without having to use multiple indicator slots. The colors and bandwidths are customizable, and you can can even hide EMAs which you are not currently using, say if you wanted 12/26 only or 50/200. Happy trading!
Designed for shorted time frames. Bollinger bands based off of TEMA as source. Ribbon based off TEMA and hullMA divergence. RMA used to signal Bollinger bands. Ribbon: pinch -> reversal blue -> sign of possible uptrend red -> sign of possible downtrend Bollinger bands background: blue -> sign of continuing uptrend red -> sign of continuing downtrend
Utilizing the Fisher Transform by Ehlers with different lengths based on multipliers will allow you to notice movements in price and understand whether the shift was a correctional wave, or part of the overall trend. To learn about Fisher Transform , check out the Fisher Transform documentation: www.mesasoftware.com Fisher has plenty of functionalities....
This is an experimental study designed to identify underlying price activity using a series of Laguerre Filters. Two different modes are included within this script: -Ribbon Mode - A ribbon of 18 Laguerre Filters with separate Gamma values is calculated. -Band Mode - An average of the 18 filters generates the basis line. Then, Golden Mean ATR over the specified...