OPEN-SOURCE SCRIPT
Crystal Cloud EMA
The Crystal Cloud EMA Indicator is a powerful trend-following tool that merges the Ichimoku Cloud with EMA 50 & EMA 200, helping traders identify key market trends, dynamic support and resistance levels, and momentum shifts. By combining these elements, this indicator provides clearer entry and exit signals for various trading strategies.
🔹 Key Features:
✔ Ichimoku Cloud: Highlights dynamic support & resistance zones based on market volatility.
✔ EMA 50 & EMA 200: Helps confirm the trend direction with crossover signals.
✔ Bullish & Bearish Cloud Zones: Visually distinct areas that help identify market sentiment.
✔ Multi-Market Compatibility: Works effectively in Forex, Crypto, and Stocks.
✔ Momentum Confirmation: Detects potential trend reversals when price interacts with the cloud.
📈 How to Use the Crystal Cloud EMA Indicator:
🔹 Buy Signal:
➡ Price trades above the cloud (indicating bullish momentum).
➡ EMA 50 crosses above EMA 200 (confirming an uptrend).
➡ A breakout from the cloud with strong momentum may signal trend continuation.
🔹 Sell Signal:
➡ Price trades below the cloud (indicating bearish momentum).
➡ EMA 50 crosses below EMA 200 (confirming a downtrend).
➡ A breakout below the cloud with strong momentum may signal further decline.
🔹 Cloud Breakout & Trend Shift:
➡ When the price breaks through the cloud, it often signals a shift in market momentum.
➡ A break above the cloud suggests bullish strength, while a break below the cloud indicates bearish pressure.
📊 Best Timeframes & Trading Style:
🔸 Works best on M30 and higher timeframes for trend confirmation.
🔸 Ideal for swing trading, intraday trading, and momentum-based strategies.
🔸 Should be used alongside additional confluences (such as volume or price action) for more precise decision-making.
⚠ Important Note:
This indicator is a technical analysis tool designed to assist traders in analyzing market trends. It should not be used in isolation—always consider additional market factors, such as news events and overall market conditions, before making trading decisions.
🔹 Key Features:
✔ Ichimoku Cloud: Highlights dynamic support & resistance zones based on market volatility.
✔ EMA 50 & EMA 200: Helps confirm the trend direction with crossover signals.
✔ Bullish & Bearish Cloud Zones: Visually distinct areas that help identify market sentiment.
✔ Multi-Market Compatibility: Works effectively in Forex, Crypto, and Stocks.
✔ Momentum Confirmation: Detects potential trend reversals when price interacts with the cloud.
📈 How to Use the Crystal Cloud EMA Indicator:
🔹 Buy Signal:
➡ Price trades above the cloud (indicating bullish momentum).
➡ EMA 50 crosses above EMA 200 (confirming an uptrend).
➡ A breakout from the cloud with strong momentum may signal trend continuation.
🔹 Sell Signal:
➡ Price trades below the cloud (indicating bearish momentum).
➡ EMA 50 crosses below EMA 200 (confirming a downtrend).
➡ A breakout below the cloud with strong momentum may signal further decline.
🔹 Cloud Breakout & Trend Shift:
➡ When the price breaks through the cloud, it often signals a shift in market momentum.
➡ A break above the cloud suggests bullish strength, while a break below the cloud indicates bearish pressure.
📊 Best Timeframes & Trading Style:
🔸 Works best on M30 and higher timeframes for trend confirmation.
🔸 Ideal for swing trading, intraday trading, and momentum-based strategies.
🔸 Should be used alongside additional confluences (such as volume or price action) for more precise decision-making.
⚠ Important Note:
This indicator is a technical analysis tool designed to assist traders in analyzing market trends. It should not be used in isolation—always consider additional market factors, such as news events and overall market conditions, before making trading decisions.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.