📘 RIBBON Official Training Manual

Table of Contents

  1. Why Use Buy & Sell Ribbons
  2. Ribbon Settings & Script
  3. Why Buy Is Based on High and Sell Is Based on Low
  4. What Is This Indicator?
  5. How to Use the Indicator (Trading Method)
  6. How to Add the Pine Script in TradingView
  7. Risk Disclosure

📺 Main Training Video

https://youtu.be/ksNzTK6uOos?si=tfqDseEHxkLXoY2D

1. Why Use Buy & Sell Ribbons

Traditional Bollinger Bands use a single center line with upper and lower bands. But in real markets, upward and downward pressure are not always equal. In a strong uptrend, price continuously breaks above the upper band. In a strong downtrend, price repeatedly pierces the lower band.

Simply treating "band touch = reversal" has clear limitations.

The Buy & Sell Ribbons are designed to clearly distinguish: