PROTECTED SOURCE SCRIPT
EMA Distance Cloud with Noise Filter
This indicator highlights the relationship between price and EMA with a dynamic color-changing cloud. It uses a customizable noise filter to ignore minor fluctuations, helping traders focus on meaningful momentum shifts. Cloud color adapts based on whether the price is above or below the EMA and whether the gap is widening or tightening, making trend strength and potential reversals easier to interpret.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.