As we know the very familiar quote of trading "Trend Is our Friend", Trend trading strategies assume that a security will continue to move in the same direction as it is currently trending. Such strategies often contain a take-profit or stop-loss provision in order to lock in a profit or avoid big losses if a trend reversal occurs. Trend trading is used by short, intermediate and long-term traders.
Market Trend Ribbon is a Trend Trading Indicator which analyze the Trend of any market with three Moving Average. One Moving Average is using Slow Period, Second Moving Average is using Fast Period and and the last Moving Average is using Very Fast Period to generate signals.
The best thing about the Market Trend Ribbon is it includes one very fast Moving Avarege to filter out the period of uncertainty during Slow and Fast Moving Averages Allignments to provides the best direction of trend to trade.
The Indictaor Works In The Following Way:Green Ribbon = Market Is In The Buying TrendRed Ribbon = Market Is In The Selling TrendGap (No Ribbon) = Market Is In The Position Of Uncertainty
