OPEN-SOURCE SCRIPT
SUPER INDIBOT kd v2
SUPER INDIBOT – EMA Ribbon Trend Indicator v2 with profitiability tracking, free for everyone since everyone wanted it back. Credit to the original owner kd who developed the original version.
SUPER INDIBOT is a trend-following indicator designed to help traders visualize market momentum and direction using a dynamic EMA Ribbon system. The indicator overlays directly on the chart and combines multiple Exponential Moving Averages (EMAs) to provide a clear view of short-term to mid-term trend structure.
The EMA Ribbon consists of 8 EMAs (5, 11, 15, 18, 21, 24, 28, and 34) which work together to show market flow and trend strength.
Key Features:
Displays an EMA Ribbon to identify trend direction.
Helps traders recognize trend continuation and possible reversals.
Customizable EMA lengths to fit different trading styles.
Designed to work well across multiple timeframes.
Optimized for traders who follow price structure and momentum.
When the EMAs are aligned and expanding, it indicates strong market momentum.
When the EMAs compress or cross, it may signal consolidation or a potential trend change.
SUPER INDIBOT is ideal for traders who want a clean visual representation of trend structure, making it easier to follow market movement and make more confident trading decisions.
SUPER INDIBOT is a trend-following indicator designed to help traders visualize market momentum and direction using a dynamic EMA Ribbon system. The indicator overlays directly on the chart and combines multiple Exponential Moving Averages (EMAs) to provide a clear view of short-term to mid-term trend structure.
The EMA Ribbon consists of 8 EMAs (5, 11, 15, 18, 21, 24, 28, and 34) which work together to show market flow and trend strength.
Key Features:
Displays an EMA Ribbon to identify trend direction.
Helps traders recognize trend continuation and possible reversals.
Customizable EMA lengths to fit different trading styles.
Designed to work well across multiple timeframes.
Optimized for traders who follow price structure and momentum.
When the EMAs are aligned and expanding, it indicates strong market momentum.
When the EMAs compress or cross, it may signal consolidation or a potential trend change.
SUPER INDIBOT is ideal for traders who want a clean visual representation of trend structure, making it easier to follow market movement and make more confident 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.
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.
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.