Band System
๐งต Ribbon System
The Ribbon system consists of multiple exponential moving averages (EMAs) displayed on the price chart:
๐ 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
๐ 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
๐ต Blue when price is above Bottom Band
๐ด Red when price is below Bottom Band
Crossovers โ Provide specific entry/exit signals

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