What settings do you use for your MA Ribbon?

[ria_rose]

Helloooo! I’m currently exploring the use of MA Ribbons on my charts to try to move around the 2-indicator limit on my TV. Thanks again @fishmoyne1 for the suggestion! I know I can go back to the original MA settings I was using, but I’m thinking there might be potential in adding more MAs to the mix. What do you guys think? Right now, my settings are at 10, 20 (my original), 50, and 100. Do you have suggestions on this?

[ria_rose]

I’ve also added the RSI to my chart so I’d have a better idea on the strength of the trends. Any suggestion will be greatly appreciated and I’m sorry for disturbing!

[ria_rose]

I adjusted my settings to 10, 20, 30, 40. I’m testing to see if this one works better. I read about the ribbon expansion and contraction and I realized these would be kinda hard to gauge if the MA values are already too far apart.

[VasilTodorov]

Your 10, 20, 50, 100 MA Ribbon is good but might feel messy. I stick with 10, 20, 50 or try 5, 10, 20 for faster signals. I watch MA crossovers for trades.

[pink_hat_trader]

@ria_rose

I’m thinking there might be potential in adding more MAs to the mi

Why are you thinking this, @ria_rose , if you don’t mind my asking?

I know that you’re too experienced to be entering trades when MA’s cross over, but I’m puzzled why you’d want more MA’s?

[minty-pip]

@ria_rose

’m currently exploring the use of MA Ribbons

There’s an older thread about it here? Is this the kind of thing you mean?

The Ribbon System

Of course you may! You are pretty much right on both accounts. The higher the period of the MA’s the closer together the two lines become and eventually are hard to distinguish except on a strong move. In that situation it does help to change the shifted MA from +1 period to, say, +2 periods. However the downside is that on the current bar the two lines are quite wide apart and that can make it difficult to see whether they cross or not - but since this is by definition the s…

[ria_rose]

Thank youuuu Vasil! I’d love to see you in action with the MA Ribbon! By any chance, would you have a trade journal here? Or do you plan to make one?

[ria_rose]

Hmmmm. Thank you for the question pink! And I’m sorry if it seems a bit “out of the blue (??)” Haha. But I was in a losing streak with my usual system and indicators. So I wanna try to see how I can improve it. I’m not really sure if going with MA Ribbons is the way to go, but adding the RSI to my chart has definitely helped me, I feel like. If not MA Ribbons, is there anything else you would recommend that hopefully still doesn’t stray too far from the golden crossover system I’ve been using?

[ria_rose]

Ooooh. Super thanks for this minty! A bit sad that this was posted by an anon so I can’t really ask them about how they trade with it now. But thank you for posting this one here!

[chesterjohn]

What are you using all these MAs for? Does one tell you something another doesn’t? I don’t think you need loads, I can see using price bouncing off them as a means to enter/exit a trade or maybe price being far away as a sign of a retracement in a ranging market.

These methods aren’t my cup of tea, but I’m fairly sure they can work with good discipline. But I wouldn’t be wanting more than a couple before they start to add more doubt than confirmation

[ria_rose]

Thanks for this @chesterjohn! The original purpose of the MA ribbons on my chart was to somehow override the limit on TV where it only allows me to have 2 indicators at a time. I just wanted to give it a try too, but maybe after this week, I’ll decide to go back to my original 2 MAs.