yes it basically is, I wanted to keep the same, not sure how to
describe it, flow-like movement of the ribbons. For example take a
5,10,15,20 EMA set or a 10, 20, 30, 40, and you'll see that
the ribbons they produce have sharper lines, not nice curving
slopes. The 9/20/34/50 set produces a ribbon with nice rounded
flowing patterns, I wanted to preserve that nature but have a
faster ribbon, hence why I took a multiple of those MA's
so for example: 9 to 20: is a multiple of 2.2. So if I start
with the 5 EMA, 5 x 2.2 = 11. And 20 to 34 is multiple of
1.7, so 11 * 1.7 is 19. you get the point
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Thanks Matt! I didn't notice
Which MA ribbon to use? Hi guys, I noticed that ...
Posted by simple_million on 21st of Sep 2021 at 07:45 pm
Thanks Matt! I didn't notice it was a multiple lol
yes it basically is, I
Posted by matt on 21st of Sep 2021 at 08:24 pm
yes it basically is, I wanted to keep the same, not sure how to describe it, flow-like movement of the ribbons. For example take a 5,10,15,20 EMA set or a 10, 20, 30, 40, and you'll see that the ribbons they produce have sharper lines, not nice curving slopes. The 9/20/34/50 set produces a ribbon with nice rounded flowing patterns, I wanted to preserve that nature but have a faster ribbon, hence why I took a multiple of those MA's
so for example: 9 to 20: is a multiple of 2.2. So if I start with the 5 EMA, 5 x 2.2 = 11. And 20 to 34 is multiple of 1.7, so 11 * 1.7 is 19. you get the point