OPEN-SOURCE SCRIPT

SMA vs Candle True Cloud

45
SMA vs Candle – Trend Cloud Indicator (Brief Note)

This indicator compares price (candle source) with a long-period Hull Moving Average (SMA) to identify trend direction, momentum shifts, and regime changes.
The SMA, being momentum-sensitive, reacts to changes in price speed, while price itself represents real-time market action.

A dynamic two-way cloud is drawn between price and SMA:

Green cloud when price is above SMA → bullish dominance and accumulation

Red cloud when price is below SMA → bearish control and distribution

The width of the cloud reflects the strength of momentum:

Narrow cloud → compression / consolidation

Expanding cloud → impulse move or trend acceleration

This setup is especially effective on short timeframes with long SMA periods, where it filters noise while preserving early trend signals.
Overall, the indicator acts as a visual trend-momentum framework, highlighting early warnings, trend confirmation, and exhaustion zones in a single view.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。