This indicator estimates price volatility and it is based on ATR only.
The advantage of this indicator is that it can be used with any pair, any time frame.
The fluctuations of a short period ATR with respect to a gently ATR with high period
The only parameters are the periods of the reference ATR and fast ATR, which could be
safely let untouched...
A strictly volume-based cloud. It plots current volume (green line) over its 20-period linear regression (red line) on the chart. Unlike Ichimoku's cloud, it is not offset. While probably not something that you would have on your charts all the time, it can provide a useful way to study the interaction between price and volume.
Because the green line is the...
For anyone that uses the Ichimoku Cloud there is a consistent need to flip between timeframes to get information about this at all levels. However, that trouble is now over. In this script there are 4 Ichimoku Clouds that operate in 4 different time frames. To change the timeframe simply change the multiplication factor to the desired levels. How this script works...
Altered TSI provides a slightly more volatile signal that demonstrates extremities in price action with greater success than standard TSI. In addition, I added bull/bear cross indicators (green/red) to make it easier to notice the crosses to save time when the market is moving fast (I couldn't find a regular TSI script with this addition). Finally, the...
Bollinger Bands Clouds provides Bollinger Bands of different timeframes in a chart.
It actually shows BB from a new angles.
This indicator can show three BB from different timeframes simultaneously.
The idea is to be able to combine different levels of BB from other timeframes in one chart
Each cloud is a Bollinger band whose time frame is a multiple of the...
Cloud trend determines the current trend and correction. Looks for the beginning of a trend and the end of its movement.The system was tested on: Bitcoin, GOLD, GBP, AUD
The system is based on two EMAs and their crossovers. This shows us corrections and trends
buy ----> cloud green
sell ----> cloud red
correction -----> ...
This is MACD indicator on the price chart. You can read the same information as the original MACD but much more.
You can use it the same way as MACD but it won't use any space below your chart. Also you can use signal line and cloud as trend confirmation: e.g. if above them it can be a stronger uptrend.
The signal line (yellow by default) can be used as a...
Donchian Channel Trading system visualised as a cloud.
Entry Length: 20
Stop Length: 10
Entry Length: 55
Stop Length: 20
For a more in-depth review, look up "Turtle Trading" rules
The simplest way to use the cloud;
-When the cloud flips from above to below (support), close any shorts and...
Played around with Lazy Bear's VMA and Gunazzi's SuperTrend Cloud .
It plots an uptrend if the low of a candle gets above the recent downtrend and plots a downtrend if the high of a candle gets below the recent uptrend, you...
Tensor Cloud is a leading indicator based on linear extrapolation. Much like Ichimoku, it forms two clouds by opposing span lines (In this case Future Span A and Future Span B). It is accompanied by both Tip and Safe lines. Original post is here:
I've received great general feedback on this but not much...
This moving average cloud is comprised of 7 individual moving averages; those averages are rendered as a cloud, using the minimum and maximum value of all the averages as the lower and upper boundaries. It's basically a moving average ribbon, without all the individual MA lines cluttering the view.
By rendering as a cloud, this allows other potentially useful...
- Based on 4h 50/200 ma/ema
- Static, same accross all timeframes
- Works best with trending assets (espacially altcoins)
- 4h 50/200 ma/ema 's are transparent by default but can be enabled to improve visibility
Blue Cloud = Bullish, cloud often acts as support
Red Cloud = Bearish, cloud often acts as resistance
This indicator includes:
RSI Candles set to the default 14 length (un check Borders in the Style tab to see the candlesticks better)
I like using the wicks as an early warning for a possible trend change, which is generally in the opposite direction of the wicks.
It's also easier for me to draw trend lines using the RSI Candles vs the rsi plot...
I know it isn't much, but it is my first time coding an indicator!
You might need to modify distance to fit the volatility and time frame of the chart you are looking at (if candles stay on top of cloud in an ugly mess, increase distance until signals can be seen). Sometimes heikin ashi candles can really help clear the picture up as well.
How to use:
Made a little update to my trading system. This system is made so that you can easily follow the trend and know when to get out. You still have to know basic market structure to find a good entry.
NB!! I see that i placed the entry wrong on the example, you have too wait for the EMA to go below the MA :)
I have posted the right one at the bottom.