This purpose of this script is to test new features we might want to implement in Tensor Cloud (See: https://www.tradingview.com/script/b8T5FTBz-Tensor-Cloud/. Also, to work towards a full, all-in-one indicator solution (Tensor Toolbox). In this first version of Tensor Toolbox Overlay, we propose two new features for Tensor Cloud:
The Veil.
Ichimoku Weight/Smoothing.
The Veil is an RSI filter. The Ichimoku smoothing takes Ichimoku and averages it with Tensor Cloud. The Ichimoku feature will probably not make it into Tensor Cloud but Veil might. Tensor Cloud should remain as pure as possible. It's all up to your feedback. Initial features of Tensor Toolbox Overlay:
Tensor Cloud.
Support & Resistance.
MACD background.
Long & Short potentials.
Tensor Toolbox Overlay needs a lot more features yet to remain elegant. A second edition called Tensor Toolbox Oscillator is coming as well (Can only fit so much on the chart). The goal with both is to have a suite that takes the best of all indicators and provides easy decision making, for those who like to keep control. For Overlay, I also intend to duplicate the functionality of MTPredictor at a fraction of the cost. Feedback appreciated.
Enjoy :)
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Fixed demo chart.
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Another chart fix.
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Updated to show MTF feature of Veil.
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Fixed arrows for MTF.
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Correction.
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Removed some of the lesser signals for now because they were causing scaling issues for altcoin pairs. A bit cleaner now anyway.
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Fixed "Safe" line when Ichi weighting is activated. Improved some labels. Note: The timeframe set for Veil in the demo is 240.
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Tensor Cloud's cloud color now working properly when Ichimoku weighting is activated.
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Now with awesome Reversal bars system.
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* Added MTF support & resistance projections. * Some minor fixes.
Hey Tom, your cloud looks great and I'm testing it at the moment. Thanks for creating it!
As for the overlay, I couldn't get it to work on most coin pairs. When I'm adding it, it squeezes all the candles into one straight line. It probably has to do with scaling. IE:
TensorTom
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@Outback_Explorer, Thank you for this. Will check it out. I hadn't tested on others yet.