OPEN-SOURCE SCRIPT

[JL] High-Low Cloud

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Just got this idea and made this one.

Default use 1-hour chart to watch 5-hour, daily and weekly high-low. Of course you can set up any parameters as you like.

It is more like an art. So I do not really know how to use it to trade at this moment. If you have good ideas, feel free to post comments. Thanks.

- Green cloud, SMA - Weekly HL ~ SMA - Daily HL
- Lime cloud, SMA - Daily HL ~ SMA - 5-Hour HL
- White cloud, SMA - 5-Hour HL ~ SMA + 5-Hour HL
- Organge cloud, SMA + 5-Hour HL ~ SMA + Daily HL
- Red Cloud, SMA + Daily HL ~ SMA + Weekly HL

To watch it, probably take care of :
- Angles
- cloud size changes
- divergence
- Oversold, overbought

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