Ribbon Lines

MA Ribbon Lines Indicator
Description
The MA Ribbon Lines indicator creates a visually intuitive moving average ribbon between two customizable moving averages. It plots 5 evenly spaced lines between the two main MAs, forming a gradient ribbon that helps visualize the relationship and convergence/divergence between the moving averages.

Key Features:
Dual Moving Average System: Configure two moving averages with customizable types (EMA, SMA, WMA, etc.), lengths, and sources

Visual Ribbon Display: Shows 5 colored lines between the MAs, creating a gradient effect that makes trend transitions easy to identify

Color-Coded Visualization:

Lines gradually transition from green (#056656) near MA #1 to red (#b22833) near MA #2

Central line in neutral gray (#363a45) for clear separation

Opacity levels highlight proximity to each MA

Global Offset Control: Adjust all lines simultaneously forward or backward in time

Clean Interface: Simple settings with no color inputs for a streamlined user experience

How to Use:
Trend Identification: Ribbon expansion indicates strong trend momentum, while ribbon contraction suggests potential trend change

Support/Resistance: The ribbon lines can act as dynamic support/resistance levels

Crossover Confirmation: Visualize the space between MAs to anticipate crossovers

Default Settings: EMA 50 (green) and EMA 100 (red) with 10-bar forward offset

Best For:
Trend following strategies

Visualizing moving average relationships

Identifying trend strength and potential reversals

Multi-timeframe analysis

The indicator provides a clean, professional visualization of moving average dynamics without cluttering the chart, making it ideal for traders who prefer visual analysis of trend relationships.