Moving Average Ribbon (chingc)

Category: trend

A trend-following tool that plots multiple short-term moving averages (20-50) alongside long-term averages (100, 200) to visualize trend strength and direction.

Formula

\text{MA}_{n} = \begin{cases} \text{EMA}(\text{src}, n) & \text{if exponential} \\ \text{SMA}(\text{src}, n) & \text{otherwise} \end{cases} \\ \text{Ribbon: } \{MA_{20}, MA_{25}, \dots, MA_{50}\} \\ \text{Long Term: } MA_{100}, MA_{200}

Inputs

• source (default: close)
• exponential (default: true)
• show100 (default: true)
• show200 (default: true)

See signal primitives and every published strategy that uses Moving Average Ribbon (chingc) on WOBR StrategyVerse.