This indicator plots Bollinger Bands for your current timeframe (e.g 5 minutes) and also plots the Bollinger Bands for a higher timeframe (15 minutes for 5 minute timeframe). Then the gaps between the current and higher timeframe upper and lower bands is filled to create clouds which can be used as entry zones. Like Bollinger Bands, this indicator shouldn't be solely used for entries, use it in conjunction with other indicators.
Changes - Changed lengthLonger to an integer instead of and input integer - Updated Comment "Longer Timeframe" > "Higher Timeframe" - Updated chart as original had additional indicators
Nota Keluaran
⋅
- Changed some variable names - Increased transparency on clouds
New Features - Added a higher timeframe cloud (see new timeframes below)