OPEN-SOURCE SCRIPT

Ripster Clouds (EMA + MTF)v6

139
🧠 Purpose

This indicator combines Ripster EMA Clouds and Multi-Timeframe (MTF) EMA Clouds into one script.
It allows you to visualize short vs long exponential (or simple) moving averages as colored “clouds” to identify trend direction and momentum — across both your current timeframe and a higher timeframe (e.g., daily).

⚙️ Main Features
1. EMA Clouds (Local Timeframe)

Up to 5 separate EMA/SMA cloud sets (8/9, 5/12, 34/50, 72/89, 180/200 by default).

Each can be individually enabled/disabled in the settings.

MA type toggle → Choose between EMA and SMA.

Optional line display toggle for showing the short and long MA lines.

Color-coded trend clouds:

Greenish tones = bullish (short > long)

Reddish tones = bearish (short < long)

Configurable leading offset and global offset for alignment.

2. MTF Clouds (Higher Timeframe)

Two sets of higher timeframe EMA clouds (default: 50/55 and 20/21).

Uses request.security() to pull EMA data from a selected higher timeframe (default = Daily).

Optional line visibility toggle (Display Lines).

Blue and teal semi-transparent fills to distinguish from local clouds.

Each MTF cloud can be toggled independently.

3. Unified Controls

Master toggles:

✅ Show EMA Clouds

✅ Show MTF Clouds

Transparent cloud fills with dynamically changing colors based on EMA crossovers and slope.

No local-scope plot() or fill() calls — fully compliant with Pine v6 rules.

🎨 Color Logic

Each EMA cloud uses a unique color pair (5 total).

Cloud color changes dynamically based on whether the short EMA is above or below the long EMA.

Line color changes with slope:

Olive = EMA rising

Maroon = EMA falling

📊 Technical Structure

Written in Pine Script v6.

All plot() and fill() calls are at global scope to prevent compilation errors.

Uses helper functions only for math/color logic.

Performance-optimized for TradingView’s rendering limits.

🧩 Quick Setup in TradingView

Paste the script into the Pine Editor.

Add to chart.

In settings:

Toggle on/off any EMA or MTF clouds.

Adjust timeframe (Resolution), line visibility, or offsets.

Choose EMA or SMA as the base calculation.

✅ Result

You now have one unified, customizable Ripster EMA + MTF Cloud indicator, stable in Pine v6, with complete flexibility to toggle, style, and analyze multiple timeframe trends on a single chart.

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.