Ribbon
Bitcoin Difficulty RibbonThe Bitcoin Difficulty Ribbon is based on Willy Woo's implementation and it gauges the selling pressure experienced by Bitcoin miners.
The Bitcoin Network Difficulty is a measure of how complicated it is to find the next block, compared to the ease of finding the easiest possible one.
When the difficulty decreases it's a hint that the mining sector is experiencing difficulties and the longer it contracts, the more miners might get out of business.
During these contracting times, the Difficulty Ribbon narrows and becomes a significant proxy to recognize cycle bottoms.
Default settings: Daily Time Frame and SMA mode.
Credit: Willy Woo
Cold 𝕃𝔼𝔾𝕆MA Ribbon
An Attempt For Smoother trend
Optional next candle forecaster for ma and its signal
Optional MA from coloring experimentation
EMA MF - EMA (21,50,100,200,250,300)Hey guys
a simple script for some EMA's at one indicator
For signals news TA and more join BitcoinMF
Links are at the TV profile
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This is not financial advice
DYOR
Trade Safe and Good Luck
QuantCat Rainbow RibbonQuantCat Rainbow Ribbon
The Rainbow Ribbon is a conglomerate of exponential moving averages of increasing time period plotted on a graph. The ribbon is used to help identify the strength of a trend while also helping spot timely market reversals.
It consists of a 20, 25, 30, 35, 40, 45, and 50 EMA which are interchangeable values for your preference.
Generally in bullish conditions, the price action will be trading on top of the ribbon with the top EMA’s in the ribbon acting as support. In bearish conditions, the price action will be trading underneath the ribbon with the bottom EMA’s acting as resistance.
As shown in the chart above, when the candles penetrate the Rainbow Ribbon and the EMA’s start to converge/cross, market reversal probabilities increase. With this information we can take trades or add to the general consensus of a potential trade.
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AntiRekt RibbonThis script is a fork of the Madrid Ribbon, the only difference is that you can color your bars depending on the trend.
5 EMA Mini GuppyThis is a 5 EMA Ribbon, created to be a simplified version of the Super Guppy, which was used as a starting point.
MTF EMA RibbonThis Script analyses trends using an EMA Ribbon (Can be adjusted to any timeframe).
tips are always welcome at: 38uGQJDDZDL6wX48x4gYTccPeQ3ZHVYmY4 (btc)
I hope you enjoy the script :)
GuppyAdded over 20 ma types to experiment with ,while avoiding the traditional list and keeping compiling time adequate.
Its purely experimental ,published spontaneously for friend use and not as trading indicator.
TrendRibbonThis simple indicator is my first script in Pine Editor, it helps you predict reversal points and establish the trend direction based on where the price is in the MA ribbon
These are its features:
- Bar color changes based on trend direction
- Rev signal is placed when the price should reverse
- A Moving average ribbon is plotted on the chart
How to use it?
A. When the price is below the red line then it's a downtrend
B. When the price is above the red line then it's an uptrend
C. Using the "rev" signals to support your analysis and forecasts
Volume Weighted ALMA RibbonsVolume weighted version of ALMA Ribbons script found here
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If you find it useful please consider a tip/donation to the rumpy liquidation recovery fund : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
unRekt Multi 'Type' MA+unRekt Moving Averages with Mutliple MA Types, Guppy, Ribbons and Trendline.
This script has 8 Adjustable Moving Averages that default to 8, 13, 21, 34, 55, 100, 200, 300.
Select what type of moving average you want to use including; EMA, SMA, WMA, VWMA, SMMA, DEMA, TEMA, HullMA, SSMA, ZEMA, TMA
All options can be turned on or off using input switch:
Trendline will show current trend based on price.
MA Ribbons have 9 MA's.
Guppy option is designed to be used with MA Ribbon.
