PROTECTED SOURCE SCRIPT
Kurotoga Cloud
Updated
Kurutoga Cloud is a cousin-inpired cloud of the Ichimoku Kinko Hyo.
It removes the unnecessary fluff and just focus drawing the 50% levels on current mainframe for the typical RSI standard length (14) settings on current time-frame (Lead A) and the Higher time-frame (Lead B)
User should pay particular attention to where the cloud will draw longer straight-lines. Those ranges are 50% ranges of significance and likely to act as target zones for support/resistances in the future.
The cloud can also act a a very reliable trend indicator.
[HTF-High-Timeframes]
Intraday = D
D = W
W = M
M = 4M
It removes the unnecessary fluff and just focus drawing the 50% levels on current mainframe for the typical RSI standard length (14) settings on current time-frame (Lead A) and the Higher time-frame (Lead B)
User should pay particular attention to where the cloud will draw longer straight-lines. Those ranges are 50% ranges of significance and likely to act as target zones for support/resistances in the future.
The cloud can also act a a very reliable trend indicator.
[HTF-High-Timeframes]
Intraday = D
D = W
W = M
M = 4M
Release Notes
Spelling mistake in indicator name corrected from Kurotoga to Kurutoga. (Unfortunately can't correct the original link name)There is also a new Kurutoga Histogram available at
Release Notes
• added optional displacement. Release Notes
• added default offset 3Release Notes
• fixed color with Lead A line Release Notes
• changed model to not use security for Lead B and use 5x the default length Release Notes
• quick bug fix Release Notes
• Added 7 color primary themes imported from DELTA7. • Fixed visibility of Lead A
• Small change of Lead B calc
Release Notes
• Added second layer to highlight near high probability Support/Resistance rangesRelease Notes
• Quick Bug Fix
D7R
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