MA Ribbon Indicator
The MA Ribbon Indicator typically consists of two moving averages (MA) plotted on a price chart, often a shorter-term MA and a longer-term MA. Traders use this setup to identify trends and potential entry or exit points. A common configuration involves the 9-period MA (shorter) and the 21-period MA (longer). When the shorter MA crosses above the longer MA, it signals a potential bullish trend, while a crossover below may indicate a bearish trend. The "ribbon" aspect comes from adding additional MAs, creating bands that can visually represent the strength of the trend and potential areas of support or resistance.