SLM Ribbon

The TastyTrade SLM Ribbon is a study set consisting of 3 exponential moving averages: 8, 13, and 21 days.

• Bullish open signal:
• 8-day EMA cross above the 13-day EMA
• 13-day EMA above 21-day EMA
• Open above 8-day EMA (more conservatively: complete candlestick above 8-day)
• Bearish close signal:
• Close below 13-day EMA
• or, 8-day EMA cross below 13-day