SimpleAlgo
  • 👋Welcome to SimpleAlgo
    • 📺SimpleAlgo Video Tutorial
    • Setup SimpleAlgo on TradingView
    • Frequently Asked Questions
  • 🚀SimpleAlgo Features
    • BUY & SELL Signals
      • Setting up Alerts
    • Trend Trail
    • Reversal Bands
    • Trend Ribbon
    • Auto Support & Resistance
    • Trend Energy
    • Auto Risk Management
    • Trending Candles
    • Trend Dashboard
    • Exponential Moving Averages
    • Swing Points
    • Previous Days High, Low & Close
  • 📈Best Settings
    • Scalping
    • Day Trading
    • Swing Trading
  • 📊SimpleAlgo Premium Oscillator
    • Hyper Wave
    • Smart Money Flow
    • Confluence
  • 📶SimpleAlgo Premium Screener
    • Screener Tutorial
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  1. SimpleAlgo Features

Trend Ribbon

PreviousReversal BandsNextAuto Support & Resistance

Last updated 1 year ago

The SimpleAlgo Trend Ribbon can be enabled in the SimpleAlgo settings dashboard. The purpose of this feature is to measure present market volatility & general trend direction. Using the Trend Ribbon can be helpful is timing your entries & exits and identifying when a change in market trend is about to occur. When price is trading above a green trend ribbon then it is in an up trend, if price is trading below a red trend ribbon, it is in a down trend.

You can adjust the sensitivity of the ribbon via "smoothing 1" and smoothing 2" parameters. We recommend playing around with different settings to see what best fits your own personal strategy.

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