Band System

๐Ÿงต Ribbon System

The Ribbon system consists of multiple exponential moving averages (EMAs) displayed on the price chart:


๐Ÿ“Š Bands Breakdown:

  • Band 1 โ€“ Fastest responding EMA, closest to current price

  • Band 2 โ€“ Short-term trend

  • Band 3 โ€“ Short to medium term trend

  • Band 4 โ€“ Medium-term trend

  • Band 5 โ€“ Medium-term trend

  • Band 6 โ€“ Medium to long term trend

  • Band 7 โ€“ Long-term trend

  • Band 8 โ€“ Simple Moving Average, optional for a different perspective


๐Ÿ” Ribbon Behavior Insights:

  • Fanning out โ€“ Indicates a strong trend

    • Bullish when rising

    • Bearish when falling

  • Compression โ€“ Suggests consolidation or a potential reversal

  • Color changes

    • ๐Ÿ”ต Blue when price is above Bottom Band

    • ๐Ÿ”ด Red when price is below Bottom Band

  • Crossovers โ€“ Provide specific entry/exit signals

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