EMA Cloud

EMA Cloud

Description
EMA Cloud is a clean, highly customizable indicator that visualizes the relationship between 8-period and 21-period moving averages as a dynamic cloud overlay. Perfect for identifying trends, momentum shifts, and potential entry/exit zones at a glance.

🔑 Key Features
Dual EMA Support – Choose between EMA or SMA for both moving averages
Visual Cloud Overlay – Shaded cloud between EMA 8 and EMA 21 with customizable colors:
🟢 Bullish Cloud (green) when EMA 8 > EMA 21
🔴 Bearish Cloud (red) when EMA 8 < EMA 21
Adjustable Parameters – Customize EMA lengths, line widths, and cloud transparency
Toggle Display Options – Show/hide the cloud or EMA lines independently
Comprehensive Alert System – Get notified on:
EMA 8 crossing above/below EMA 21
Price crossing above/below EMA 8
Price crossing above/below EMA 21

📈 How to Use
Trend Identification – Green cloud indicates bullish momentum; red cloud signals bearish momentum
Entry Signals – Look for cloud color changes (crossovers) as potential entry points
Support/Resistance – The EMA lines within the cloud can act as dynamic support/resistance levels
Confirmation Tool – Combine with price action or other indicators for confluence

⚙️ Settings
Setting Description
EMA Type EMA or SMA
EMA 8 & 21 Length Customizable period lengths
Cloud Transparency Adjust opacity (0-100%)
Line Width Thickness of EMA lines
Colors Fully customizable bullish/bearish colors
Alerts 6 configurable alert conditions

💡 Best Practices
Works on all timeframes and all assets (stocks, forex, crypto, futures)
Lower timeframes: Use for scalping and intraday trades
Higher timeframes: Ideal for swing trading and trend following
Combine with volume analysis for stronger signals

Notes de version

Added Key Levels controls in Trading View/EMA Cloud.pine:
Show Yesterday High/Low/Close (single toggle)
Show Premarket High/Low (default off)
Show Monday High/Low (default off)
Key Level Line Style (Dotted / Regular)
Added level calculations for:
Yesterday high/low/close (YTH, YTL, YTC)
Premarket high/low (PMH, PML, session 0400-0930)
Most recent Monday high/low (MH, ML)
Added right-side key level lines using drawing objects:
Render near right edge (last bars), not full-chart historical plots
Per-level color coding
Dynamic line style via input (Dotted or Regular)
Added right-side labels for all key levels:
YTH, YTL, YTC, PMH, PML, MH, ML
Increased label size from tiny to small
Added alert support for all key levels:
Cross above and cross below conditions for each level
Alerts are gated by Enable Alerts and each level group’s toggle
Refactored alert cross logic to fix Pine warning CW10002:
ta.crossover/ta.crossunder now computed in unconditional raw variables each bar
Toggle/na filters applied afterward for consistency
Preserved existing behavior for:
MA cloud, MA lines, and original MA/price-cross alert conditions.

Notes de version

Hides YTC by default
Changes YTH/YTL colors and makes them solid by default

Notes de version

Update default colors

Notes de version

Updates default colors and fixes alert issues

Notes de version

Fixes an issue YTH, YTL calculations

Script open-source

Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.

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Script open-source

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