- Based on 4h 50/200 ma/ema
- Static, same accross all timeframes
- Works best with trending assets (espacially altcoins)
- 4h 50/200 ma/ema 's are transparent by default but can be enabled to improve visibility
Blue Cloud = Bullish, cloud often acts as support
Red Cloud = Bearish, cloud often acts as resistance
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.