INVITE-ONLY SCRIPT
GBTT Sapphire Clouds
Updated
Overview:
These clouds are built using an SMA, ATR, and Fibs to create a potential high and low type of channel system. The SMA length is customizable via a user input, but the default value is 5.
Intended use:
To provide educational content about the short term movement of an asset. Can be used on any time frame.
Disclaimer:
NOT intended to be a sole source of Technical Analysis or anything more than an educational tool!
These clouds are built using an SMA, ATR, and Fibs to create a potential high and low type of channel system. The SMA length is customizable via a user input, but the default value is 5.
Intended use:
To provide educational content about the short term movement of an asset. Can be used on any time frame.
Disclaimer:
NOT intended to be a sole source of Technical Analysis or anything more than an educational tool!
Release Notes
Added Fib Band inside the upper and lower cloud Release Notes
Updated the UI to clean up the look and removed one of the fib deviations Release Notes
Added a new ema crossover band to replace just the ema line, as well as made the ATR clouds optional so you can turn them on or off if you just simply wanted the ema crossover. Release Notes
Changed the ATR Band logic so it should no longer repaint (the clouds are no longer based on the current candles close, therefore the cloud shouldnt be moving in real time on the real time candle). Also changed the UI a touch. Release Notes
Realized it was still repainting due to using the built in ATR, rewrote my own ATR formula to avoid repainting. Will monitor repaint situation. The goal is to not have it repaint. Release Notes
modified the inner crossover band a little bit.... added version number in settings. Release Notes
changed up a few things, trying to get better R/R setups with the fib levels. Release Notes
Completely rewrote the logic here and changed up the UI. The core idea is still the same, its still a fib based deviation cloud system based off of ATR. Release Notes
minor text tweak Release Notes
added Extreme Condition alert option Invite-only script
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