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Miyuki Ribbon
This is an experimental trend following indicator.
NOTE: This is designed to work in conjunction with the Miyuki Wave indicator, but can also be used standalone. The Baseline settings should match the settings in the Miyuki Wave indicator.
It has 3 Jurik Moving Average ribbons set to very long lengths.
Each ribbon is centred around a set value with the width of the ribbons set by multiples.
All setting are available to change in the inputs. Including the advanced parameters for the various functions.
The Baseline can be formed using the following functions -
Hull Moving Average
Jurik Moving Average
Kaufman Moving Average
Sine-Weighted Moving Average
Triangular Moving Average
Geometric Moving Average
Fractal Moving Average
Additional features -
4 colour themes to chose from, making it quick to change the appearance
All elements can be toggled in the options
Baseline can be coloured by trend direction, or relative to price
Inputs to control linewidths, line transparency, and fill transparency.
This can be used on any timeframe to get an indication of trend.
NOTE: This is designed to work in conjunction with the Miyuki Wave indicator, but can also be used standalone. The Baseline settings should match the settings in the Miyuki Wave indicator.
It has 3 Jurik Moving Average ribbons set to very long lengths.
Each ribbon is centred around a set value with the width of the ribbons set by multiples.
All setting are available to change in the inputs. Including the advanced parameters for the various functions.
The Baseline can be formed using the following functions -
Hull Moving Average
Jurik Moving Average
Kaufman Moving Average
Sine-Weighted Moving Average
Triangular Moving Average
Geometric Moving Average
Fractal Moving Average
Additional features -
4 colour themes to chose from, making it quick to change the appearance
All elements can be toggled in the options
Baseline can be coloured by trend direction, or relative to price
Inputs to control linewidths, line transparency, and fill transparency.
This can be used on any timeframe to get an indication of trend.
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