Moving Average Exponential Ribbon
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.
In the chart below of the E-mini S&P 500 Futures contract, eight EMA's were selected, starting with the 10-day EMA and ending with the 80-day EMA:
