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What is a moving average ribbon?
about 1 year ago
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The Moving Average Exponential Ribbon technical indicator is simply numerous exponential moving averages of increasing time period plotted on the same graph.
The number of exponential moving averages (EMA) to plot varies immensely among users of this indicator; also, some users plot the simple moving average instead of the EMA. Likewise, the lengths of the moving averages varies wildly as well. One must factor the time horizon and investing objectives when selecting the lengths for the moving averages.
about 1 year ago
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Answers (1)
A technique used in technical analysis to identify changing trends. It is created by placing a large number of moving averages onto the same chart. When all the averages are moving in the same direction, the trend is said to be strong. Reversals are confirmed when the averages crossover and head in the opposite direction.
The moving averages used in the diagram start with the 50-day moving average and increase by 10-day periods up to the final average of 200. (50, 60, 70, 80 ... 190, 200)
about 1 year ago
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