Willonacci EMA Clouds v2

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A technical tool designed for profitable trend-following.

These are a combination of Moving Averages (Simple and Exponential).

Significance:

5/13 EMA Cloud - Trade Management for Momentum names

21/34 EMA Cloud - Short-Term Buy/Sell Zones

48 EMA/50 SMA Cloud - Mid-Term Buy/Sell Zones

For BIAS, I tend to lean more into the 21 EMA.

Daily 21 EMA - Indicates the Strength of the Short-Term Trend

Weekly 21 EMA - Indicates the Strength of the Overall market trend.

Also includes Higher-Timeframe EMAs (8, 21 and 34 EMAs as well as the 50 SMA on the Weekly chart) for "Bigger Picture" Trading.

Based on my Quantitative Analysis and Historical Back-testing over a 20-year period, these are the best set of moving averages out there for catching power trends and momentum moves.

PS: You can uncheck the Higher Timeframe EMAs in the Settings tab to avoid clustering your charts. I personally like having the Weekly 8 and 21 EMAs ON if we see a significant pullback in the markets. This helps me to stay in tune with the overall market trend.

Enjoy!!!