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.
