OPEN-SOURCE SCRIPT

MA Ribbon (Horizontal Levels)

83
📊 MA Ribbon (Horizontal Levels)

MA Ribbon (Horizontal Levels) is a minimalist moving average tool that displays moving averages as horizontal price levels instead of traditional sloping lines.

Rather than showing the historical path of each moving average, this indicator focuses exclusively on where each selected MA is currently located in price, allowing traders to treat moving averages as dynamic support and resistance levels.

The result is a clean, uncluttered chart that preserves moving average structure without visual noise.

🔍 What Makes It Different

No traditional moving average curves

No shading, bands, or fills

Each moving average is represented as a horizontal line at its current value

Lines automatically update as price and the MA value change

Designed to complement price action rather than dominate the chart

This approach makes it easier to see key MA levels at a glance, especially when multiple averages are in use.

⚙️ Key Features

✅ Fully Customizable Moving Averages

Select the moving average type:

SMA

EMA

SMMA (RMA)

WMA

VWMA

Choose the price source (e.g., close)

Configure up to 10 independent moving averages

✅ Per-MA Controls

Each moving average can be customized individually:

Enable or disable any MA (use anywhere from 1 to 10)

Set the MA period (length)

Choose line color

Adjust line thickness

Select line style (solid, dashed, dotted)

✅ Horizontal Level Visualization

Each MA is plotted as a horizontal line extending across the chart, representing the current value of that moving average.
As the MA updates, the level shifts vertically, maintaining a clear and consistent reference point.

🧠 How to Use It

This indicator is designed as a context and structure tool, not a signal generator.

Common use cases include:

Identifying dynamic support and resistance zones

Visualizing where short-term and long-term MA levels are stacked

Using MA levels as confluence with price action, VWAP, or volume-based tools

Maintaining a clean chart while still respecting moving average structure

Because the lines are horizontal, the indicator is especially useful for:

Breakout traders

Mean-reversion traders

Market participants who focus on structure and levels rather than indicator signals

🎯 Who It’s For

This indicator is ideal for traders who:

  • Prefer minimal, uncluttered charts
  • Think of moving averages as levels, not signals
  • Want full control over MA appearance and behavior
  • Use price action and structure first, indicators second
  • Use this tool in conjunction with standard moving average indicators, treating these horizontal MA levels as complementary reference points rather than replacements


MA Ribbon (Horizontal Levels) is built for traders who want clarity, flexibility, and structural insight — without sacrificing chart readability.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.