OPEN-SOURCE SCRIPT
Smooth Cloud + ZigZag VPOC
📝 Indicator Description
The Smooth Cloud + ZigZag VPOC Indicator is a custom tool that combines three well-known concepts into one study:
Smooth Cloud Trend Filter – built from two smoothed EMAs, this visual “cloud” highlights the prevailing trend direction.
When the fast line is above the slow line, the background cloud shades teal (bullish bias).
When the fast line is below the slow line, the cloud shades red (bearish bias).
Confirmed ZigZag Pivots – plots non-repainting swing highs and swing lows using pivot confirmation. This helps traders see important structural turning points and potential breakout zones.
VPOC Approximation (Volume Point of Control) – within a lookback window, the indicator marks the price level with the highest traded volume. This level often acts as a magnet for price or an area of confluence.
Signals & Alerts
A long signal appears when price is trending up, breaks above the last confirmed pivot high, and (optionally) is above the VPOC line.
A short signal appears when price is trending down, breaks below the last confirmed pivot low, and (optionally) is below the VPOC line.
Alerts can be enabled to notify when these conditions occur.
Customization
Inputs allow adjusting the EMA lengths, smoothing factor, pivot sensitivity, and VPOC lookback.
Users can toggle on/off the cloud fill, pivot markers, bar coloring, and VPOC line to match their charting style.
✅ Notes (for compliance)
This script is for technical analysis and educational purposes only.
It does not provide financial advice or guaranteed results.
Signals are intended to highlight trend direction and breakout areas — traders should always confirm with their own risk management and strategy.
The Smooth Cloud + ZigZag VPOC Indicator is a custom tool that combines three well-known concepts into one study:
Smooth Cloud Trend Filter – built from two smoothed EMAs, this visual “cloud” highlights the prevailing trend direction.
When the fast line is above the slow line, the background cloud shades teal (bullish bias).
When the fast line is below the slow line, the cloud shades red (bearish bias).
Confirmed ZigZag Pivots – plots non-repainting swing highs and swing lows using pivot confirmation. This helps traders see important structural turning points and potential breakout zones.
VPOC Approximation (Volume Point of Control) – within a lookback window, the indicator marks the price level with the highest traded volume. This level often acts as a magnet for price or an area of confluence.
Signals & Alerts
A long signal appears when price is trending up, breaks above the last confirmed pivot high, and (optionally) is above the VPOC line.
A short signal appears when price is trending down, breaks below the last confirmed pivot low, and (optionally) is below the VPOC line.
Alerts can be enabled to notify when these conditions occur.
Customization
Inputs allow adjusting the EMA lengths, smoothing factor, pivot sensitivity, and VPOC lookback.
Users can toggle on/off the cloud fill, pivot markers, bar coloring, and VPOC line to match their charting style.
✅ Notes (for compliance)
This script is for technical analysis and educational purposes only.
It does not provide financial advice or guaranteed results.
Signals are intended to highlight trend direction and breakout areas — traders should always confirm with their own risk management and strategy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Check my performance t.me/Forexcryptoaccountms
My Channel link
My Channel link
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Check my performance t.me/Forexcryptoaccountms
My Channel link
My Channel link
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.