😱Less than 1% Mooers Know This Awsome Indicator: SLINE Ribbon❤
Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! 👍💬
Few days ago, I shared a pose regarding MJ indicator🔸 A Must-Have Technical Indicator! MACD + KDJ=MJ（Unlock Your Trading Potential）📈, a lot of mooers like this type of post and DM me to share more, so here comes the 2nd indicator (⭐ SLINE Ribbon⭐ ) that you must safe and use❤❤❤.
Market participants are always divided into buyers and sellers, who form the long position📈📈📈 and short position📉📉📉 and, this determine the direction of the market👩💻👩💻👩💻👨💻👨💻👨💻.
Simply, a bullish market is formed when buyer power has absolute advantage📈📈📈; when seller power has absolute advantage, a bearish market will continue to develop📉📉📉; when the strength of the buying and selling parties is unwavering, the market will fluctuate up and down amid repeated pullbacks on the multiple sides📈📉📈📉.
🔴 When a stock is in a downtrend, the ribbon will appear as a continuous red band, indicating that the bears are in control. Investors should avoid trading in this scenario.
⚫ When a stock is trading sideways, the ribbon will often appear knotted, indicating a balance of power between the bulls and bears. Investors should proceed with caution and observe the market closely.
🟢 When a stock is in an uptrend, the ribbon will appear as a continuous green band, indicating that the bulls are in control. Investors can consider buying and holding in this scenario.
⚫ When a stock is trading sideways, the ribbon will often appear knotted, indicating a balance of power between the bulls and bears. Investors should proceed with caution and observe the market closely.
🟢 When a stock is in an uptrend, the ribbon will appear as a continuous green band, indicating that the bulls are in control. Investors can consider buying and holding in this scenario.
⭐⭐⭐ All you need to remember is:
🔴= Bear ; ⚫=Ribbon Cross = Stay Caution ; 🟢 = Bull
😎😎😎 Easy~~
🔴= Bear ; ⚫=Ribbon Cross = Stay Caution ; 🟢 = Bull
😎😎😎 Easy~~
How to use SLINE Ribbon indicator in Moomoo? Here is a 3 min guide for you (it would be nice if you smashed that like button now 🥰🥰🥰)
🔸 Step 1: Open Moo on PC and choose a stock (here I take Nvidia as an example）
🔸 Step 2: Click “Manage Indicators”
🔸 Step 3: Click “New Tab”，then follow the screenshot below to fill in all the info (❗❗❗ note: before copying the code, u need to close your auto-translate, if u r using it), then click "Apply"
🔸 Step 4: Commet below, let me konw weather this indicator works or not. You can also show the stock that u r following with this indicator, let's see whether it works or not. If you have any other indicaoters wanna share with me, you r also welcomed🥰🥰🥰.
🔸 Step 2: Click “Manage Indicators”
🔸 Step 3: Click “New Tab”，then follow the screenshot below to fill in all the info (❗❗❗ note: before copying the code, u need to close your auto-translate, if u r using it), then click "Apply"
🔸 Step 4: Commet below, let me konw weather this indicator works or not. You can also show the stock that u r following with this indicator, let's see whether it works or not. If you have any other indicaoters wanna share with me, you r also welcomed🥰🥰🥰.
Please fill in all the things in the red box then click apply
Code（just copy and paste😎, easy~~~😎😎😎）(‼️note: before copying the code, u need to close your auto translate, if u r using it)
S_UPPER: EMA (H,25), COLORGREEN;
S_LOWER: EMA (L,25), COLORRED;
STICKLINE (C>S_UPPER, S_UPPER, S_LOWER,0.1,1), COLORGREEN;
STICKLINE (C<S_UPPER, S_UPPER, S_LOWER,0.1,1), COLORRED;
L_UPPER: EMA (H,90), COLORBLUE;
L_LOWER: EMA (L,90), COLORPURPLE;
STICKLINE (C>L_UPPER, L_UPPER, L_LOWER,0.1,1), COLORBLUE;
STICKLINE (C<L_UPPER, L_UPPER, L_LOWER,0.1,1), COLORPURPLE;
Code（just copy and paste😎, easy~~~😎😎😎）(‼️note: before copying the code, u need to close your auto translate, if u r using it)
S_UPPER: EMA (H,25), COLORGREEN;
S_LOWER: EMA (L,25), COLORRED;
STICKLINE (C>S_UPPER, S_UPPER, S_LOWER,0.1,1), COLORGREEN;
STICKLINE (C<S_UPPER, S_UPPER, S_LOWER,0.1,1), COLORRED;
L_UPPER: EMA (H,90), COLORBLUE;
L_LOWER: EMA (L,90), COLORPURPLE;
STICKLINE (C>L_UPPER, L_UPPER, L_LOWER,0.1,1), COLORBLUE;
STICKLINE (C<L_UPPER, L_UPPER, L_LOWER,0.1,1), COLORPURPLE;
Remember to ❤ & 💬 + follow 🔔, gonna share more indicators in the future~
Peace out, y'all!
🚀🚀🚀🚀🚀🚀
Peace out, y'all!
🚀🚀🚀🚀🚀🚀
Disclaimer: This article is for informational purposes only and is not intended to provide any investment advice or recommendation. Remember, investing comes with risks, so be cautious when entering the market.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Mooncity : thx for sharing
moom lives :
Cui Nyonya Kueh :
104118782 : Hello there, I face problems compiling the coding.
I Am 102927471 : Never know about this never learn this indicator, thanks for the sharing really appreciated it!!!
ZZZZakkOP I Am 102927471:
ZZZZakkOP 104118782: your code is different from mine（I only have 8 lines but u got 9) please check my pic and try it again
104118782 ZZZZakkOP: Ah, got it. There was a spacing at line #2 S_LOWER. It works! Now to figure out how this can help me haha.. Many thanks!
Oh, what do the blue and purple bands indicate, and will there be any meaning when any color band crosses another band's path?
Biggy168 : Looking forward to more future sharing fm u, tqvm