Watchlist Scanner: Ripster MTF Clouds (Alerts & Table)

9. Jan.

Overview This script is a custom Watchlist Scanner designed to help traders efficiently monitor up to 8 tickers simultaneously for interactions with the Ripster47 MTF (Multi-Timeframe) Clouds.

Instead of flipping through charts manually, this tool places a dashboard on your screen that alerts you when a stock is "Inside" the cloud (Chop Zone) or "Near" the cloud (Potential Bounce/Rejection Zone).

This script is inspired by the Ripster MTF Clouds methodology. It utilizes his core concept of using higher-timeframe EMA ribbons (specifically the 34 and 50 EMA) to identify significant trend support and resistance levels on lower timeframe charts.

How it Works The script uses request.security to pull data from a higher timeframe (default: 60-minute) while you trade on a lower timeframe (e.g., 5-minute or 15-minute). It calculates the "Cloud" boundaries based on the 34 EMA and 50 EMA.

The scanner checks three conditions for every ticker in your list:
1. INSIDE (Yellow): Price is currently trading between the 34 and 50 EMA. This is often considered a "chop" or "decision" zone.

2. NEAR (Orange): Price is approaching the cloud (within a user-defined threshold, default 0.5%). This is your "Heads Up" signal to watch for a bounce or rejection.

3. AWAY (Gray): Price is trending away from the cloud with no immediate setup.

Features

• Multi-Symbol Monitoring: Watch up to 8 custom symbols in a single table.
  
• Clean Display: Automatically strips exchange prefixes (e.g., "NASDAQ:") for a cleaner look.
  
• Customizable Timeframes: You can scan for the 1-Hour cloud, 4-Hour cloud, or Daily cloud regardless of your chart timeframe.
  
• Adjustable Sensitivity: Change the "Nearness Threshold" percentage to fit volatility.
  
• Position Control: Move the dashboard table to any corner of your screen via the settings menu.
  

How to Use

1. Add the indicator to your chart.

2. Open the Settings (Gear Icon).

3. Enter the specific tickers you want to watch in the Watchlist section.

4. (Optional) Adjust the "Cloud Timeframe" if you want to watch the 4HR or Daily clouds.

5. Monitor the table: Look for ORANGE (Near) or YELLOW (Inside) signals to identify potential trade setups

Disclaimer This tool is for informational purposes only and does not constitute financial advice. Always verify signals on the actual chart before trading.

14. Jan.

Versionshinweise

The Ripster MTF Scanner [RTO] is a high-performance dashboard designed to monitor the Return to Order (RTO) strategy across multiple assets simultaneously. By tracking price action relative to a higher-timeframe EMA Cloud, this scanner helps traders identify trend exhaustion and high-probability mean-reversion entries from a single view.

This script is inspired by the Ripster Clouds developed by Ripster47. This tool adapts the cloud logic into a Multi-Timeframe (MTF) scanner format to provide a "birds-eye view" of the market.
How It Works
The scanner tracks 8 customizable symbols and compares their current price to a user-defined EMA Cloud (default: 34/50 EMA) from a higher timeframe (default: 60m). It calculates a "Tolerance Zone" around the cloud to pinpoint exactly when a stock is overextended or returning to "order."

The Color Map (Logic)
The "MTF" column updates in real-time based on where the price sits relative to the Cloud:

• 🔴 Red: Price is Above the cloud and the tolerance zone (Overextended Bullish).
  
• 🟢 Green: Price is Below the cloud and the tolerance zone (Overextended Bearish).
  
• 🟡 Yellow (The RTO Signal): Price has entered the Nearness Threshold. This suggests the price is "Returning to Order" and may be looking for a bounce or retest of the Cloud.
  
• 🟠 Orange: Price is currently Inside the cloud (High-risk chop zone).
  

Key Features

• MTF Cloud Analysis: Monitor a 1-hour cloud while trading on the 1-minute or 5-minute chart.
  
• Custom Watchlist: Pre-configured with SPY, QQQ, NVDA, TSLA, BLBX, NFLX, ANGX, and TTD, but fully customizable to any ticker.
  
• Adjustable Sensitivity: Use the Nearness Threshold (%) input to define your specific "Strike Zone" for cloud bounces.
  
• Clean Interface: Position the table in any of the 6 screen locations (Default: Bottom Right) to keep your workspace organized.
  

How to Use
Identify the Trend: Look for the general bias on your main chart.

Watch for Yellow: When a ticker on the scanner turns Yellow, it is entering the "Buy/Sell Zone" near the cloud.

Execute: Look for price action confirmation (candle hammers, engulfing bars) on your execution timeframe once the scanner flags the RTO zone.