Riben is a very interesting trend indicator. The Riben indicator helps to identify either a new or existing trend. One of the advantages of the indicator is that it quickly adjusts and reacts to various chart changes. Of course, this depends on the settings, namely the specified CalcBars period. The larger it is, the smoother the wave the trend line will be. The shorter the period, the more market noise will be taken into account when creating the indicator.
The indicator was created to display the trend in a visual form. The Riben trend indicator is used to determine the strength and direction of a trend and find price reversal points. The Riben indicator is used in the Forex markets. You must use the indicator as an additional one, that is, you need to use this indicator, for example, to perfectly display price movements!
