OPEN-SOURCE SCRIPT
Daily Cloud Roadmap by TenAMTrader
Daily Cloud Roadmap by TenAMTrader
The Daily Cloud Roadmap is a multi-layer EMA cloud indicator designed to help intraday traders navigate price action using daily exponential moving average structure. Rather than plotting single EMA lines, each cloud is formed by a pair of EMAs, giving you a zone of confluence instead of a hard line — making it easier to read where price is relative to key daily levels, regardless of what timeframe you're trading on.
Five cloud layers are included by default:
Cloud 1: 8/9 EMA (short-term momentum)
Cloud 2: 13/14 EMA (near-term trend)
Cloud 3: 20/21 EMA (intermediate trend)
Cloud 4: 34/35 EMA (medium-term structure)
Cloud 5: 48/55 EMA (longer-term structure)
Each cloud changes color dynamically based on whether the shorter EMA is above or below the longer EMA, giving an at-a-glance read on the trend state of each layer. All periods, colors, and timeframes are fully customizable.
Additional features include:
Configurable EMA source and timeframe (defaults to Daily)
Optional EMA lines on top of each cloud
Optional ATR-based TP/SL bands anchored to any EMA
Optional smoothing for cleaner visuals on lower timeframes
How to use it:
Load it on any intraday chart — 1m, 5m, 15m, etc. — and the clouds will reflect the daily EMA levels, giving you a roadmap of where the significant daily structure sits as you trade intraday. Look for reactions at cloud edges, confluences between cloud layers, and color shifts as potential areas of interest.
⚠️ Disclaimer:
This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any security or financial instrument. Past performance of any trading strategy or methodology is not indicative of future results. Trading involves substantial risk of loss and is not suitable for all investors. You are solely responsible for your own trading decisions. TenAMTrader and the developer of this script accept no liability for any losses incurred as a result of using this indicator. Always conduct your own due diligence and consult a licensed financial advisor before making any trading decisions.
The Daily Cloud Roadmap is a multi-layer EMA cloud indicator designed to help intraday traders navigate price action using daily exponential moving average structure. Rather than plotting single EMA lines, each cloud is formed by a pair of EMAs, giving you a zone of confluence instead of a hard line — making it easier to read where price is relative to key daily levels, regardless of what timeframe you're trading on.
Five cloud layers are included by default:
Cloud 1: 8/9 EMA (short-term momentum)
Cloud 2: 13/14 EMA (near-term trend)
Cloud 3: 20/21 EMA (intermediate trend)
Cloud 4: 34/35 EMA (medium-term structure)
Cloud 5: 48/55 EMA (longer-term structure)
Each cloud changes color dynamically based on whether the shorter EMA is above or below the longer EMA, giving an at-a-glance read on the trend state of each layer. All periods, colors, and timeframes are fully customizable.
Additional features include:
Configurable EMA source and timeframe (defaults to Daily)
Optional EMA lines on top of each cloud
Optional ATR-based TP/SL bands anchored to any EMA
Optional smoothing for cleaner visuals on lower timeframes
How to use it:
Load it on any intraday chart — 1m, 5m, 15m, etc. — and the clouds will reflect the daily EMA levels, giving you a roadmap of where the significant daily structure sits as you trade intraday. Look for reactions at cloud edges, confluences between cloud layers, and color shifts as potential areas of interest.
⚠️ Disclaimer:
This indicator is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, or a recommendation to buy or sell any security or financial instrument. Past performance of any trading strategy or methodology is not indicative of future results. Trading involves substantial risk of loss and is not suitable for all investors. You are solely responsible for your own trading decisions. TenAMTrader and the developer of this script accept no liability for any losses incurred as a result of using this indicator. Always conduct your own due diligence and consult a licensed financial advisor before making any trading decisions.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.