OPEN-SOURCE SCRIPT
Ripster EMA Clouds with MTF
Credits & Origins:
This script is a modification of the widely popular EMA Clouds system originally created by @Ripster47. Full credit goes to him for the strategy and original concept. This version simply adds a quality-of-life feature for traders who use multi-timeframe analysis.
What is this Indicator?
The Ripster EMA Clouds system uses overlapping Exponential Moving Averages (EMAs) to visualize trends, momentum, and dynamic support/resistance zones. The "clouds" differ in color to indicate bullish or bearish trends, acting as a visual guide for keeping you on the right side of the trade.
What is New in This Version? (MTF Capability)
The standard version of this indicator calculates EMAs based on your current chart timeframe. If you switch from a 10-minute chart to a 1-minute chart, the clouds change completely.
I have added a "Fixed Timeframe" variable/input that allows you to "lock" the clouds to a specific timeframe, regardless of what chart you are viewing.
Why is this useful? This allows for true Multi-Timeframe (MTF) scalping.
Example: You can set the clouds to look at the 10-minute trend (identifying major support levels) but execute your entries on a 1-minute chart.
The clouds will remain locked to the 10-minute data, giving you the "big picture" view while you trade the micro-movements.
How to Use
Open the indicator settings.
Go to the Inputs tab.
Find the "Fixed Timeframe" option at the top.
Leave Empty (Default): The indicator behaves exactly like the original (adjusts to your chart).
Select a Timeframe (e.g., 10 Minutes): The clouds will lock to the 10-minute EMAs, even if you switch your chart to 1-minute or 5-seconds.
Note on Visuals When viewing Higher Timeframe (HTF) clouds on a Lower Timeframe (LTF) chart, the clouds will appear to have a "stepped" or "ladder-like" appearance. This is normal and accurate. It represents the single EMA value holding constant for that entire higher-timeframe period. This helps you see the true support level rather than a smoothed, repainted line.
This script is a modification of the widely popular EMA Clouds system originally created by @Ripster47. Full credit goes to him for the strategy and original concept. This version simply adds a quality-of-life feature for traders who use multi-timeframe analysis.
What is this Indicator?
The Ripster EMA Clouds system uses overlapping Exponential Moving Averages (EMAs) to visualize trends, momentum, and dynamic support/resistance zones. The "clouds" differ in color to indicate bullish or bearish trends, acting as a visual guide for keeping you on the right side of the trade.
What is New in This Version? (MTF Capability)
The standard version of this indicator calculates EMAs based on your current chart timeframe. If you switch from a 10-minute chart to a 1-minute chart, the clouds change completely.
I have added a "Fixed Timeframe" variable/input that allows you to "lock" the clouds to a specific timeframe, regardless of what chart you are viewing.
Why is this useful? This allows for true Multi-Timeframe (MTF) scalping.
Example: You can set the clouds to look at the 10-minute trend (identifying major support levels) but execute your entries on a 1-minute chart.
The clouds will remain locked to the 10-minute data, giving you the "big picture" view while you trade the micro-movements.
How to Use
Open the indicator settings.
Go to the Inputs tab.
Find the "Fixed Timeframe" option at the top.
Leave Empty (Default): The indicator behaves exactly like the original (adjusts to your chart).
Select a Timeframe (e.g., 10 Minutes): The clouds will lock to the 10-minute EMAs, even if you switch your chart to 1-minute or 5-seconds.
Note on Visuals When viewing Higher Timeframe (HTF) clouds on a Lower Timeframe (LTF) chart, the clouds will appear to have a "stepped" or "ladder-like" appearance. This is normal and accurate. It represents the single EMA value holding constant for that entire higher-timeframe period. This helps you see the true support level rather than a smoothed, repainted line.
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.
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.
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.