Daveatt

BEST Cloud ALL MA

Hello traders

Hope you're all doing well

This script is a generic cloud generator using a pre-selected set of moving averages (I probably forgot a lot but listed all the ones I used at least once).

A cloud is a visual representation of the gap between two moving averages - it shows right away how big in that gap (=how far they are from each other)
The challenge is to find a cloud such as the price often stay stuck between those 2 MA - and when it's getting finally out (up or down), it would be strong enough to signal a beginning of a trend.
This is a cool intellectual challenge for all aspiring traders

For that script, I defined a trend according to how the 2 MAs are located relative to each other (MA1 > MA2 or MA1 < MA2) and if the price gets out of the cloud.

You'll get :

- the option to color the candles based on a trend
- cool triangles entry signals
- and alerts on those triangles

All the BEST
Dave

👨‍💻 Need help you with your FTMO/TopStep verif?

⭐️ Listed as TradingView Trusted Pine Programmer

📧 dave@best-trading-indicator

Telegram: Daveatt

⏩ Course: best-trading-indicator.com

Twitter: twitter.com/bti_trading
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