The Moving Average Ribbon Indicator is a popular and free Forex indicator for MT4 that is useful for traders in all markets. The indicator is composed of multiple moving averages of different lengths, which are layered on top of each other to form a “ribbon”. The ribbon is used to identify and confirm trends, as well as to spot potential trading opportunities. The Moving Average Ribbon Indicator can be used in any timeframe and is easy to customize. It is a great tool for traders of all levels, from beginner to advanced.