OPEN-SOURCE SCRIPT
Moving Average Cloud
This moving average cloud is comprised of 7 individual moving averages; those averages are rendered as a cloud, using the minimum and maximum value of all the averages as the lower and upper boundaries. It's basically a moving average ribbon, without all the individual MA lines cluttering the view.
By rendering as a cloud, this allows other potentially useful lines to be rendered within the cloud; a middle line is rendered, along with "mid high" and "mid low" lines.
The following parameters are available:
Min MA Length - the shortest MA window represented by the cloud
Max MA Length - the largest MA window represented by the cloud
Mid-High - the location of the mid-high line within the cloud
Mid-Low - the location of the mid-low line within the cloud
MA Type - you can choose between SMA, WMA and EMA moving average types
Interpretation:
Use in confluence with other indicators.
By rendering as a cloud, this allows other potentially useful lines to be rendered within the cloud; a middle line is rendered, along with "mid high" and "mid low" lines.
The following parameters are available:
Min MA Length - the shortest MA window represented by the cloud
Max MA Length - the largest MA window represented by the cloud
Mid-High - the location of the mid-high line within the cloud
Mid-Low - the location of the mid-low line within the cloud
MA Type - you can choose between SMA, WMA and EMA moving average types
Interpretation:
- When the price is above the cloud, this indicates a bullish trend.
- When the price is around the middle, trend could be transitioning.
- When the price is below the cloud, this indicates a bearish trend.
Use in confluence with other indicators.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
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