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MA Ribbon MT4

5

MT5 Version

MA Ribbon MT4

MA Ribbon is an enhanced indicator with 8 moving averages of increasing periods. MA Ribbon is useful to recognize trend direction, reversals and continuation points in the market as well as potential entry, partial take profit and exit points.

Entry points for long and shorts position can be found when the price entries or leaves the Ribbon, at retest or a defined number of MA crossovers.

It offers a good combination with mostly any volume or momentun indicators to find better entry points.

Ideal for HOLD , SCALPING and SWING strategies

At the same time, MA Ribbon MT4 provides a system of alerts and notifications on the mobile phone and on the MT4 Terminal when the market enters or leaves the Ribbon.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Ease of decision-making for entries and taking full or partial benefits
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping or Swing trading
  • Alerts and notifications on the MT4 terminal and on the mobile phone

Input parameters

Settings:

  • Ribbon Price Source: Price source for the MAs
  • MA type: Moving average type (SMA, EMA, Linear Weighted MA, Smoothed MA)
  • Period 1: MA 1 Period
  • Period 2: MA 2 Period
  • Period 3: MA 3 Period
  • Period 4: MA 4 Period
  • Period 5: MA 5 Period
  • Period 6: MA 6 Period
  • Period 7: MA 7 Period
  • Period 8: MA 8 Period
Visualization:

  • Color range (0=Grey,1=Blue,2=Green,3=Red): 4 Default color ranges
  • Default width: Default width for all MAs

Notifications:

  • Tolerance alert reset (2 = Channel's width/2) [>1]: Tolerance to consider the price leaves or enters the Ribbon a second time. 2 means that the price needs to separate half of the Ribbon's width from the boundary line to reset the alert. 3 -> price needs to separate 1/3 of  the Ribbon's width from the boundary line to reset the alert...
  • Alerts when price enters Ribbon: Enables alerts on the MT5 Terminal every time the price enters the Ribbon
  • Alerts when price leaves Ribbon: Enables alerts on the MT5 Terminal every time the price leaves the Ribbon
  • Activate Notifications: Enables phone Notifications

Support and questions

Do not hesitate to contact me for any questions and support

Author

Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

Reviews 3
picinova1977
46
picinova1977 2024.07.24 13:24 
 

very very good indicator! i want to add arrow indicator to this indicator. someone do it for me! I would be very grateful!

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M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. The Arrows DO NOT REPAINT and DO NOT LAG! The algorithm is based on the analysis of volumes and price waves using additional filters. The intelligent algorithm of the indicato
Market Reversal Alerts
LEE SAMSON
4.21 (121)
AUGUST SALE NOW ON - 30% OFF TILL 31ST AUGUST. WAS $49, NOW $34 ! Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near
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[ MT5 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
[ MT5 Version ] Ultimate Alpha Trend MT4 Ultimate Alpha Trend is the first trend indicator, which combines volatility, volume, average price and momentum. The results is a highly versatile representation of trendy and sideways market conditions, highlighting, at the same time, significant supply and demand levels. The Ultimate Alpha Trend indicator can be used to find entry oportunities and to set SLs taking into consideration current market volatility, volume and momentum. Besides that, the in
MT5 Version Order Blocks Zone Scalper   is dedicated to all people who like order blocks trading but do not have the time to stare at the charts every day or the discipline to follow a trading strategy. It is also for everyone who likes to experiment and optimize parameters on their own. If you belong to this type of person, it is your lucky day, as I decided to keep all EA parameters available to you so that you can optimize the EA to your own taste. To understand how this EA works, come read m
MT5 Version Advanced Range Breakout Advanced Range Breakout allows you to trade breakouts in an impossible way for any human being. This EA focuses on entering breakouts as soon as the price moves over them, keeping a tight trailing stop loss (TSL) to catch as much as possible of breakouts'    characteristic   explosive price movements while protecting the trade if it turns out to be a fakeout. Feel free to get in touch we me to find out how I successfully managed to passed a prop firm challeng
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picinova1977
46
picinova1977 2024.07.24 13:24 
 

very very good indicator! i want to add arrow indicator to this indicator. someone do it for me! I would be very grateful!

Diego Arribas Lopez
9472
Reply from developer Diego Arribas Lopez 2024.07.26 14:37
Thank you for your feedback :)
LucasSch
34
LucasSch 2023.01.22 12:34 
 

User didn't leave any comment to the rating

Diego Arribas Lopez
9472
Reply from developer Diego Arribas Lopez 2024.07.26 14:37
Thank you for your feedback :)
Caballero11
35
Caballero11 2022.12.19 21:43 
 

User didn't leave any comment to the rating

Diego Arribas Lopez
9472
Reply from developer Diego Arribas Lopez 2022.12.20 16:41
Thank you for your feedback :)
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