Trend Ribbon

The trend ribbon consists of 8 EMA moving averages. You can find it in the Million Moves Algo settings under the section Trend Settings:

It's a confirmation tool we frequently use in our strategies. Think of it like a rubber band: when the price moves away from the ribbon, it tends to snap back, offering an opportunity to enter at a lower price. The spacing and width of the lines show how strong the trend is. If they're farther apart and wider, the trend is stronger. If they're closer together, the trend might be weakening or changing direction from up to down or vice versa.

When the price moves into the ribbons, our approach is to wait for a new positive confirmation before entering a trade. This adds an extra layer of confidence to our trading decisions.