Hi Alan,

Yeah, I have been using this as a visual aid on where we are at on a trend...

Here is what Gecko has on it...you can get more from their online manual if you would like to read up on it.

Ribbon Indicator
The Ribbon Indicator is a series of moving averages lines used to identify trends. By placing 8 moving averages calculated with differing time periods onto the same chart, we can see the relative strength of a market trend. The indicator is very useful in highlighting and confirming trend changes with the Bulls ‘n Bears Trading System.

Convergence and Divergence

The most important signals are taken from the spacing between the Ribbon lines in each group, not from crossovers. When shorter-term lines (yellow) and longer-term lines (red) within a group are parallel and close together, the group are largely in agreement. When the Ribbon lines widen apart, this signals divergent views within the group. When Ribbon lines converge, this is a sign that the group view is changing.

Trend Strength: Parallel long-term Ribbon lines signal long-term investor support and a strong trend; and short-term Ribbon lines tend to bounce off the long-term Ribbon lines group.

Trend Weakness: Both groups of Ribbon lines converge and fluctuate more than usual.

Trend Start: A change in price direction accompanied by expanding Ribbon lines in both groups.

Short-Term Reversals: The short-term group crossover, diverge and then again converge; while the long-term group remain parallel.

Best of good trades, Spike