OPEN-SOURCE SCRIPT
EMA Trend Ribbon
The EMA Trend Ribbon is a simple trend-following indicator that plots multiple Exponential Moving Averages (EMAs) on the chart to help visualize market direction and trend strength.
The ribbon changes color based on the alignment of the EMAs:
Bullish alignment occurs when shorter-period EMAs are positioned above longer-period EMAs.
Bearish alignment occurs when shorter-period EMAs are positioned below longer-period EMAs.
Mixed alignment may indicate consolidation or a potential transition in market structure.
Features:
Multiple EMA ribbon visualization
Trend direction highlighting
Customizable EMA lengths
Works across different markets and timeframes
Suitable for use alongside price action and other technical analysis tools
This indicator is designed to assist with chart analysis and trend identification. It does not provide financial advice or guarantee future performance. Traders should combine it with their own analysis and risk management approach before making trading decisions.
The ribbon changes color based on the alignment of the EMAs:
Bullish alignment occurs when shorter-period EMAs are positioned above longer-period EMAs.
Bearish alignment occurs when shorter-period EMAs are positioned below longer-period EMAs.
Mixed alignment may indicate consolidation or a potential transition in market structure.
Features:
Multiple EMA ribbon visualization
Trend direction highlighting
Customizable EMA lengths
Works across different markets and timeframes
Suitable for use alongside price action and other technical analysis tools
This indicator is designed to assist with chart analysis and trend identification. It does not provide financial advice or guarantee future performance. Traders should combine it with their own analysis and risk management approach before making trading decisions.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
What You'll Get
Daily Forex signals with high accuracy
t.me/SMC_LogicAcademy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start profit daily free signal
t.me/SMC_LogicAcademy
Daily Forex signals with high accuracy
t.me/SMC_LogicAcademy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start profit daily free signal
t.me/SMC_LogicAcademy
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
What You'll Get
Daily Forex signals with high accuracy
t.me/SMC_LogicAcademy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start profit daily free signal
t.me/SMC_LogicAcademy
Daily Forex signals with high accuracy
t.me/SMC_LogicAcademy
Technical & fundamental analysis
Risk management tips to protect your capital
Join now and start profit daily free signal
t.me/SMC_LogicAcademy
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.