Two MAs, One Ribbon: A Smarter Way to Trade TrendsSome indicators aim to simplify. Others aim to clarify. The RedK Magic Ribbon does both, offering a clean, color-coded visualization of trend strength and agreement between two custom moving averages. Built by RedKTrader , this tool is ideal for traders who want to stay aligned with the trend and avoid the noise.
Let’s break down how it works, how we use it at Xuantify, and how it can enhance your trend-following setups.
🔍 What Is the RedK Magic Ribbon?
This indicator combines two custom moving averages:
CoRa Wave – A fast, Compound Ratio Weighted Average
RSS_WMA (LazyLine) – A slow, Smooth Weighted MA
When both lines agree on direction, the ribbon fills with:
Green – Bullish trend
Red – Bearish trend
Gray – No-trade zone (disagreement or consolidation)
Key Features:
Visual trend confirmation
No-trade zones clearly marked
Customizable smoothing and length
Works on any timeframe
🧠 How We Use It at Xuantify
We use the Magic Ribbon as a trend filter and visual guide .
1. Trend Confirmation
We only trade in the direction of the ribbon fill. Gray zones = no trades.
2. Entry Timing
We enter near the RSS_WMA (LazyLine) for optimal risk-reward. It also acts as a dynamic stop-loss guide.
🎨 Visual Cues That Matter
Green Fill – Trend is up, both MAs agree
Red Fill – Trend is down, both MAs agree
Gray Fill – No-trade zone, MAs disagree
This makes it easy to:
Avoid choppy markets
Stay aligned with the dominant trend
Spot early trend shifts
⚙️ Settings That Matter
Adjust CoRa Wave length and smoothness
Tune RSS_WMA to track price with minimal lag
Customize colors, line widths, and visibility
🧩 Best Combinations with This Indicator
We pair the Magic Ribbon with:
Structure Tools – BOS/CHOCH for context
MACD 4C – For momentum confirmation
Volume Profile – To validate breakout strength
Fair Value Gaps (FVGs) – For sniper entries
⚠️ What to Watch Out For
This is a confirmation tool , not a signal generator. Use it with structure and price action. Always backtest and adjust settings to your asset and timeframe.
🚀 Final Thoughts
If you want a clean, intuitive way to stay on the right side of the trend, the RedK Magic Ribbon is a powerful visual ally. It helps you avoid indecision and focus on high-probability setups.
What really sets the Magic Ribbon apart is the precision of its fast line—the CoRa Wave. It reacts swiftly to price action and often aligns almost perfectly with pivot reversals. This responsiveness allows traders to spot potential turning points early, giving them a valuable edge in timing entries or exits. Its accuracy in identifying momentum shifts makes it not just a trend filter, but a powerful tool for anticipating market moves with confidence.
Try it, tweak it, and let the ribbon guide your trades.
Pivot Points
COOKIE Looks Bullish (1D)We have a good setup on the chart. A bullish CH has formed, the trigger line has been broken, and the price is currently sitting on a support level.
The green zone has been tested twice and rejected, which has strengthened the bullish outlook for this asset.
The main supply zone is marked in red. It is expected that, with price fluctuations, the asset will reach the red zone in the coming days or weeks.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Novo Nordisk A/S Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Novo Nordisk A/S Stock Quote
- Double Formation
* (A+ Set Up)) | Completed Survey
* (Entry Bias Hypothesis)) / Entry & Retest | Subdivision 1
- Triple Formation
* (Upper Band)) #2 - *Support Area | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Indexed To 100
- Position On A 1.5RR
* Stop Loss At 80.00 DKK
* Entry At 74.00 DKK
* Take Profit At 64.00 DKK
* (Downtrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Nvidia Stock 5-Day Consolidation Breakout - Uptrend or Pullback?Trade Duration: Intraday
Trade Type: Breakout
- Nvidia is currently consolidating tightly between $132 and $136, forming a narrow range that reflects a balance between buyers and sellers unwilling to relinquish control. This range-bound action signals indecision, but it won’t last indefinitely.
- Typically, the longer the consolidation, the more significant the subsequent move. As new participants enter the market, a breakout—whether upward or downward—can trigger a powerful surge.
- This move is often amplified by breakout buyers joining in and stop-loss orders of trapped traders being triggered, creating an ideal setup for an intraday breakout trade.
- I plan to initiate either a buy or sell position depending on the breakout direction, capitalizing on the momentum generated by this tight consolidation phase.
Upside Targets : 138$ and 141$
Downside Targets : 128$ and 126$
GBPUSD: The Next Historic Resistances 🇬🇧🇺🇸
GBPUSD keeps rising.
Here are the next historic resistance that the price
may head towards.
Resistance 1: 1.359 - 1.365 area
Resistance 2: 1.375 - 1.383 area
Resistance 3: 1.390 - 1.400 area
Resistance 4: 1.419 - 1.425 area
Resistance 1 is most likely going to be the next goal for the bulls for now.
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USD/JPY Rebounds from Support — Bulls Back in Play?USD/JPY looks like it’s found its feet. After tagging support near the April VPOC (142.71) and 6 May low (142.36), Thursday’s session printed the first bullish candle in over a week — a spinning top just above key support.
The daily RSI (2) bounced from its most oversold reading in a month, and the 1-hour chart shows bullish divergence on the RSI (14), now comfortably above 50.
Price has lifted from the monthly S2 and is circling S1. If USD/JPY can push through yesterday’s high (144.40), I’m looking toward 145, 145.86 and potentially the 146 handle, which aligns with the monthly pivot at 146.38.
** Please note that Japan's CPI data drops in ~25 mins **
Matt Simpson, Market Analyst at City Index and Forex.com
BTCUSD update May 22nd, 2025I have returned and here is my updated chart. I'm such a perfectionist sometimes when it comes to lines that it takes my hours to get them exactly how I envision. To start off, yes I am bullish on Bitcoin and believe that this cycle hasn't ended yet but I will admit that I think the end of it is closer than the beginning. With that being said, I will not disappear when the bear market starts, I will simply make updates and try to catch the bottom like I did in the past. So far I am going with history and my bottom target is above 66,800 and I expect the floor to fizzle out around 71-73k; if it ends up being higher than that, great! Overall this idea is just an update for my own personal records and my prediction is based on what has happen that last time this pattern was brought to us.
Stay safe out there, happy trading, and as always--Cheers!
$HIPPO Long shortterm midtermIts funny i even post it, however, i think $HIPPO can give some good upside in the longer term, considering the situation with crypto, timing, knowing the story of this meme and the blockchain its built on (SUI) , as well as its included in alpha projects on binance, certainly not a trading advice but risking low is what i did, funny thing it was also abandoned by its market maker and did not die, this seems to me that the redistribution which has certainly ocurred at the CURRENT prices makes it worth the risk for high return which it can generate ))
I DO NOT ENCOURAGE TRADING IT NOR EXPOSING YOURSELF TO ANY DEGREE OF RISK. DO YOUR OWN RESEARCH first as it can go down.
Nifty Analysis EOD – May 22, 2025 – Thursday🟢 Nifty Analysis EOD – May 22, 2025 – Thursday 🔴
Nifty weekly expiry, shocking climax...!
📉 Nifty Summary:
A 66-point gap-down set the stage, followed by a quick 196-point slide within the first 20 minutes, bottoming out at 24,541.60. From here, the index attempted a bounce but faced stiff resistance at the 24,625 ~ 24,640 zone—not once, but twice. This zone flipped polarity and began acting as resistance instead of support.
The third breakdown at 12:45 PM finally breached the day’s low, taking Nifty to a new bottom of 24,509.10, and then further to 24,462.40 by 2:35 PM. But just when it looked like the bulls were done for, the market made a shocking expiry bounce, recovering sharply to close at 24,637, back inside the crucial 24,625 ~ 24,640 zone.
🛡 5 Min Chart with levels
🔄 The day’s character was mostly range-bound post the initial fall, with a 90-point band until the IB Low was broken. The fall lacked strong conviction—signs of both bulls and bears trying to dominate but failing to sustain.
The final hour’s rebound was the real drama—profit booking, fresh buying, and expiry short covering all collided to cause a spike that caught many off-guard. A classic expiry move—some traders hurt, some became heroes.
📌 Yesterday’s Note Reference:
"Below 24640–24625, weakness may extend down towards: → 24500 → 24460."
✅ Market played by the script, touched 24500, and 24460 got hit too.
📉 Is the retracement run finished?
Technically, YES.
A bold call, but unless global headwinds reappear, today’s low must sustain.
If it doesn’t, watch for the 24,330 ~ 24,365 zone as the last guard. Breach that? Gap-fillers may run wild down to 24,160 ~ 24,008.
Not a trade plan—just technical facts. Let's see what the tape reveals next.
🛡 5 Min Intraday Chart
🥷 Gladiator Strategy Update
Strategy Parameters
ATR: 327.22
IB Range: 195.90 → Medium IB
Market Structure: Imbalanced
Trade Highlights
✅ 1st Long Trigger: 12:45 PM – Target Achieved (R:R = 1:1)
💼 Total Trades: 1
🕯 Daily Time Frame Chart
📊 Support & Resistance Levels
🔺 Resistance Zones:
• 24,768 ~ 24,820
• 24,660
• 24,640 ~ 24,625
• 24,882
• 24,920
• 24,980 ~ 25,000
• 25,062 ~ 25,070
🔻 Support Zones:
• 24,590
• 24,530 ~ 24,480
• 24,460
🧠 Final Thoughts
"Markets don’t trap you; your lack of preparation does."
Today was a pure example of expiry surprise—respect the zones, follow the structure, and keep adapting.
✏️ Disclaimer ✏️
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
BITCOIN (BTCUSD): The Next Resistances
As Bitcoin is trading in the no man's land again,
violating a resistance cluster based on a previous ATH,
here are the next potentially strong resistance to watch.
Resistance 1: Narrow area based on 115000 level - the closest strong
psychological level.
Resistance 2: Narrow area based on 120000 level - the next
psychological level.
Resistance 1 is going to be the next goal for the buyers
and will most likely reached soon.
Its breakout will push the prices to Resistance 2.
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