3GBH - EMA Clouds + Bollinger BandsIncluded in this indicator :
- 2 Sets of EMA clouds
- Bollinger Bands
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2 Sets of EMA clouds.
You can toggle On/Off, any or all of the Sets.
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Bollinger Bands.
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Help decide whether to look for a SHORT or LONG entry. ( Shows if Set is On )
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User-friendly.
You can change all the inputs, they are labelled for ease-of-use.
You can toggle On/Off any or all of the options.
Emaclouds
Ripster EMA CloudsEMA Cloud By Ripster
EMA Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the EMA cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various combinations of the 5-12, 34-50, 8-9, 20-21 EMA clouds but the possibilities are endless to find what works best for you.
“Ideally, 5-12 or 5-13 EMA cloud acts as a fluid trendline for day trades. 8-9 EMA Clouds can be used as pullback Levels –(optional). Additionally, a high level price over or under 34-50 EMA clouds confirms either bullish or bearish bias on the price action for any timeframe” – Ripster
Multi Time Frame EMA Cloud EMA cloud for multiple time frames.
Change settings for time frame u need. Default is 4 hrs. Original credit to Junij
