OPEN-SOURCE SCRIPT
Triple Cloud SMA Crossover
Triple Cloud SMA Crossover (Adaptive Multi-Timeframe)
This indicator is designed for traders who value discipline and precision. By utilizing three distinct "Cloud" layers, it provides a comprehensive view of market momentum—from intraday scalping to long-term trend following—without ever requiring you to switch timeframes.
Key Technical Features
The Triple Cloud System:
Intraday/Fast: 20/50 SMA Crossover
Intermediate/Medium: 100/200 SMA Crossover
Macro/Long-term: 200/600 SMA Crossover
The "Cloud" Effect: Rather than simple lines, the space between these moving averages forms a visual cloud. This helps identify the strength of a trend; a widening cloud indicates accelerating momentum, while a thinning cloud warns of a potential reversal.
True Average Pricing (OHLC): Unlike standard indicators that only look at the Close, this script calculates movement based on the average of Open, High, Low, and Close.
Why this matters: Closing prices can be manipulated or deceptive. By averaging every move within a candle, we capture the "Real Average Price." While a closing price might repeat, the true OHLC average is almost never identical, providing a smoother, more accurate trend line.
The Trading Rule
The philosophy here is rooted in simplicity and the principle of discipline.
Bearish Bias: If the Average Price is ABOVE the current market price, look for sell opportunities (Short).
Bullish Bias: If the Average Price is BELOW the current market price, look for buy opportunities (Long).
By sticking to this core principle, you eliminate the "noise" of smaller fluctuations and trade in harmony with the dominant trend.
Why Use This?
Efficiency: No more jumping between 5-minute, 1-hour, and Daily charts. The 200/600 cloud brings the "Big Picture" directly onto your current workspace.
No Lagging Data: By using the total price action (OHLC) rather than just the close, the indicator reacts to the reality of the market movement in real-time.
Visual Clarity: The clouds act as dynamic support and resistance zones.
This indicator is designed for traders who value discipline and precision. By utilizing three distinct "Cloud" layers, it provides a comprehensive view of market momentum—from intraday scalping to long-term trend following—without ever requiring you to switch timeframes.
Key Technical Features
The Triple Cloud System:
Intraday/Fast: 20/50 SMA Crossover
Intermediate/Medium: 100/200 SMA Crossover
Macro/Long-term: 200/600 SMA Crossover
The "Cloud" Effect: Rather than simple lines, the space between these moving averages forms a visual cloud. This helps identify the strength of a trend; a widening cloud indicates accelerating momentum, while a thinning cloud warns of a potential reversal.
True Average Pricing (OHLC): Unlike standard indicators that only look at the Close, this script calculates movement based on the average of Open, High, Low, and Close.
Why this matters: Closing prices can be manipulated or deceptive. By averaging every move within a candle, we capture the "Real Average Price." While a closing price might repeat, the true OHLC average is almost never identical, providing a smoother, more accurate trend line.
The Trading Rule
The philosophy here is rooted in simplicity and the principle of discipline.
Bearish Bias: If the Average Price is ABOVE the current market price, look for sell opportunities (Short).
Bullish Bias: If the Average Price is BELOW the current market price, look for buy opportunities (Long).
By sticking to this core principle, you eliminate the "noise" of smaller fluctuations and trade in harmony with the dominant trend.
Why Use This?
Efficiency: No more jumping between 5-minute, 1-hour, and Daily charts. The 200/600 cloud brings the "Big Picture" directly onto your current workspace.
No Lagging Data: By using the total price action (OHLC) rather than just the close, the indicator reacts to the reality of the market movement in real-time.
Visual Clarity: The clouds act as dynamic support and resistance zones.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.