First, here is the indicator from the Metastock indicator builder list. This is from Equis. MOVING AVERAGE RIBBON as found in indicator builder. { This is a good example of variables and user inputs. It's also an interesting indicator. } [code:1:6098e65672]Periods := Input("Time Periods", 1, 1000, 20); Spacing := Input("Spacing", 1, 100, 5); Ribbons := Input("Ribbons", 1, 12, 12); BaseMA := Mov(C,Periods+(Spacing*0),S); If(Ribbons>=2,Mov(C,Periods+(Spacing*1),S),BaseMA); If(Ribbons>=3,Mov(C,Periods+(Spacing*2),S),BaseMA); If(Ribbons>=4,Mov(C,Periods+(Spacing*3),S),BaseMA); If(Ribbons>=5,Mov(C,Periods+(Spacing*4),S),BaseMA); If(Ribbons>=6,Mov(C,Periods+(Spacing*5),S),BaseMA); If(Ribbons>=7,Mov(C,Periods+(Spacing*6),S),BaseMA); If(Ribbons>=8,Mov(C,Periods+(Spacing*7),S),BaseMA); If(Ribbons>=9,Mov(C,Periods+(Spacing*8),S),BaseMA); If(Ribbons>=10,Mov(C,Periods+(Spacing*9),S),BaseMA); If(Ribbons>=11,Mov(C,Periods+(Spacing*10),S),BaseMA); If(Ribbons>=12,Mov(C,Periods+(Spacing*11),S),BaseMA);[/code:1:6098e65672] First, has anyone ever made a real time eSignal EFS format version of this indicator? If not, then: My questions are mainly about the three "Input" lines near the top. Could anyone explain what the numbers are referring to in the differing inputs? And explain what the "Time Periods", "Spacing" and "Ribbons" inputs are? Why 3 numbers in the input lines - for example, 1 , 1000 , 20 in the top input line. I can understand the rest of the Ribbon formula, but for these input lines. I would like to convert this to eSignal .efs format to use with real time eSignal. If no one has already created this as an EFS file, I would highly appreciate assistance if this indicator can be converted to eSignal .efs file format. Thanks Very Much, sdean bootster91@hotmail.com

hey dean.... esignal has a ma ribbon also.... users over there have posted quite a few.... the 3 numbers are refering to values allowed for the input.... the first, often a 1, will be the lowest allowed.... the second, always the largest, will be the highest allowed.... the third will be the default setting..... so in your equis example , Periods := Input("Time Periods", 1, 1000, 20); , the default setting is 20 .... the other inputs follow that line of thinking.... the default setting should be given careful consideration for several reasons.... metastock includes that indicator in its standard list.... the ma's can have differing colors.... its similar to stockcharts version.... you can create those with most any free chart supplier if you know their coding system....h

Rainbow multiple multi-colored Moving Averages look really pretty on price charts. They also give the impression that there may be some useful information to be gleamed if we look at the relationship of component MAs long enough. Too bad that the introduced lag renders them useless for trading... jose '-)

True, when the multiple MA lines are very tight, that usually indicates a change of trend. But replace the MMAs with a mid-period EMA, and you will see the same chart warning when the EMA changes direction - and with less lag. jose '-)

hey dean.... yes it was in the file sharing and a girl was doing the posting.... can't recall her name but she had one of the highest rating's.... i have many of her charts somewhere , will look it up..... if lag is an issue you can set the time period to 1......h oppps, forgot one of your questions...... jose's use of the term "useless" caused me to loose my train of thought.... yes, the spacing is used to set the standoff of each line.... if your using the indicator on weekly charts you might like to set the space closer.... so the settings might be 10,1,12 or something similar.....h