OPEN-SOURCE SCRIPT
EMA Cloud 200 High/Close с цветом тренда
EMA Cloud 200 High/Close with Trend Color
Overview
This indicator creates a dynamic EMA cloud between two Exponential Moving Averages calculated from different price sources, providing clear visual trend identification and support/resistance zones.
Key Features
Dual EMA System: Upper EMA based on High prices, Lower EMA based on Close prices
Custom Timeframe: Analyze EMA on any timeframe regardless of chart timeframe
Dynamic Trend Coloring: Green for uptrend, Red for downtrend
Visual Cloud: Filled area between EMAs highlights price zones
Configurable Period: Default 200-period EMA (adjustable)
How It Works
The indicator calculates two separate 200-period EMAs:
Upper EMA: Based on High prices - shows resistance levels
Lower EMA: Based on Close prices - shows support levels
Trend Detection:
Current price above average EMA = Green (Bullish)
Current price below average EMA = Red (Bearish)
Trading Applications
Trend Identification: Color changes indicate trend shifts
Support/Resistance: Cloud boundaries act as dynamic S/R zones
Entry/Exit Points: Price interaction with cloud edges
Multi-timeframe Analysis: View higher timeframe EMAs on lower timeframe charts
Settings
EMA Period: Adjust calculation period (default: 200)
Top Source: Price source for upper EMA (default: High)
Bottom Source: Price source for lower EMA (default: Close)
Custom Timeframe: Choose analysis timeframe (default: 15min)
Best Practices
Use on trending markets for optimal results
Combine with other indicators for confirmation
Higher timeframes provide stronger signals
Cloud thickness indicates volatility levels
Perfect for swing traders and trend followers seeking clear visual trend analysis with dynamic support/resistance identification.
Overview
This indicator creates a dynamic EMA cloud between two Exponential Moving Averages calculated from different price sources, providing clear visual trend identification and support/resistance zones.
Key Features
Dual EMA System: Upper EMA based on High prices, Lower EMA based on Close prices
Custom Timeframe: Analyze EMA on any timeframe regardless of chart timeframe
Dynamic Trend Coloring: Green for uptrend, Red for downtrend
Visual Cloud: Filled area between EMAs highlights price zones
Configurable Period: Default 200-period EMA (adjustable)
How It Works
The indicator calculates two separate 200-period EMAs:
Upper EMA: Based on High prices - shows resistance levels
Lower EMA: Based on Close prices - shows support levels
Trend Detection:
Current price above average EMA = Green (Bullish)
Current price below average EMA = Red (Bearish)
Trading Applications
Trend Identification: Color changes indicate trend shifts
Support/Resistance: Cloud boundaries act as dynamic S/R zones
Entry/Exit Points: Price interaction with cloud edges
Multi-timeframe Analysis: View higher timeframe EMAs on lower timeframe charts
Settings
EMA Period: Adjust calculation period (default: 200)
Top Source: Price source for upper EMA (default: High)
Bottom Source: Price source for lower EMA (default: Close)
Custom Timeframe: Choose analysis timeframe (default: 15min)
Best Practices
Use on trending markets for optimal results
Combine with other indicators for confirmation
Higher timeframes provide stronger signals
Cloud thickness indicates volatility levels
Perfect for swing traders and trend followers seeking clear visual trend analysis with dynamic support/resistance identification.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.