Band System
🧵 Ribbon System
The Ribbon system consists of multiple exponential moving averages (EMAs) displayed on the price chart:
📊 Bands Breakdown:
Band 1 – Fastest responding EMA, closest to current price
Band 2 – Short-term trend
Band 3 – Short to medium term trend
Band 4 – Medium-term trend
Band 5 – Medium-term trend
Band 6 – Medium to long term trend
Band 7 – Long-term trend
Band 8 – Simple Moving Average, optional for a different perspective
🔍 Ribbon Behavior Insights:
Fanning out – Indicates a strong trend
Bullish when rising
Bearish when falling
Compression – Suggests consolidation or a potential reversal
Color changes
🔵 Blue when price is above Bottom Band
🔴 Red when price is below Bottom Band
Crossovers – Provide specific entry/exit signals

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