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MetaTrader 5 Indicator | EMA variation ribbon

Theory :

This "ribbon" indicator is using an EMA variation indicator that was originally published (with some more explanation) here : EMA variation

This version :

It is using the "speed" property of the ema variation indicator to construct a ribbon. That makes a sort of two indicators crosses, even without changing the calculating period.

Usage :

As any crosses indicator. Interesting results can be achieved when you use very close "speed" changes (like in the example bellow)

MetaTrader Experts, Indicators, Scripts and Libraries

MetaTrader Experts, Indicators, Scripts and Libraries

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