A camouflage system for thermal and visual camouflage of a movable object, comprising: at least two frames; and a plurality of reflective elements connected to each of the at least two frames, wherein all of the reflective elements are positioned in a predefined angle with respect to a vertical plane so that the upper edge of each element is more remote from the object than the lower edge of that element, the predefined angle is in the range of 6 to 25 degrees; wherein each of the reflective elements comprises reflective material disposed on at least one side of the reflective element and having reflectivity of at least 85 percent in the visual range and preferably at least 95 percent and reflectivity in the electromagnetic EM wave length range of 3-5 and 8-14 microns of at least 80 percent and preferably at least 90 percent; the camouflage system being further adapted to be in a stowed position and in a deployed position, wherein at least a first frame of the at least two frames is configured to change its relative position with respect to at least a second frame to increase the overlapping areas of the first and second frames in the stowed position and to decrease the overlapping area of the first and second frames in the deployed position; the camouflage system further comprising a stowing and deploying mechanism, adapted to change the relative position of at least the first frame with respect to at least the second frame; wherein said stowing and deploying mechanism comprises: two guiding rails (402A1) disposed each one along one of the sides of the at least some of the at least two frames, and two rollers (402B1) disposed each one on each of the sides of the at least some of the at least two frames, each of the rollers being adapted to roll along a corresponding rail of an adjacent frame, allowing each frame to be guided into a stowed position or into a deployed position with respect to an adjacent frame. at least two frames; and a plurality of reflective elements connected to each of the at least two frames, wherein all of the reflective elements are positioned in a predefined angle with respect to a vertical plane so that the upper edge of each element is more remote from the object than the lower edge of that element, the predefined angle is in the range of 6 to 25 degrees; wherein each of the reflective elements comprises reflective material disposed on at least one side of the reflective element and having reflectivity of at least 85 percent in the visual range and preferably at least 95 percent and reflectivity in the electromagnetic EM wave length range of 3-5 and 8-14 microns of at least 80 percent and preferably at least 90 percent; the camouflage system being further adapted to be in a stowed position and in a deployed position, wherein at least a first frame of the at least two frames is configured to change its relative position with respect to at least a second frame to increase the overlapping areas of the first and second frames in the stowed position and to decrease the overlapping area of the first and second frames in the deployed position; the camouflage system further comprising a stowing and deploying mechanism, adapted to change the relative position of at least the first frame with respect to at least the second frame; wherein said stowing and deploying mechanism comprises: two guiding rails (402A1) disposed each one along one of the sides of the at least some of the at least two frames, and two rollers (402B1) disposed each one on each of the sides of the at least some of the at least two frames, each of the rollers being adapted to roll along a corresponding rail of an adjacent frame, allowing each frame to be guided into a stowed position or into a deployed position with respect to an adjacent frame. two guiding rails (402A1) disposed each one along one of the sides of the at least some of the at least two frames, and two rollers (402B1) disposed each one on each of the sides of the at least some of the at least two frames, each of the rollers being adapted to roll along a corresponding rail of an adjacent frame, allowing each frame to be guided into a stowed position or into a deployed position with respect to an adjacent frame.