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EMA Cloud 200 High/Close с цветом тренда

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EMA Cloud 200 High/Close with Trend Color
Overview
This indicator creates a dynamic EMA cloud between two Exponential Moving Averages calculated from different price sources, providing clear visual trend identification and support/resistance zones.

Key Features
Dual EMA System: Upper EMA based on High prices, Lower EMA based on Close prices

Custom Timeframe: Analyze EMA on any timeframe regardless of chart timeframe

Dynamic Trend Coloring: Green for uptrend, Red for downtrend

Visual Cloud: Filled area between EMAs highlights price zones

Configurable Period: Default 200-period EMA (adjustable)

How It Works
The indicator calculates two separate 200-period EMAs:

Upper EMA: Based on High prices - shows resistance levels

Lower EMA: Based on Close prices - shows support levels

Trend Detection:

Current price above average EMA = Green (Bullish)

Current price below average EMA = Red (Bearish)

Trading Applications
Trend Identification: Color changes indicate trend shifts

Support/Resistance: Cloud boundaries act as dynamic S/R zones

Entry/Exit Points: Price interaction with cloud edges

Multi-timeframe Analysis: View higher timeframe EMAs on lower timeframe charts

Settings
EMA Period: Adjust calculation period (default: 200)

Top Source: Price source for upper EMA (default: High)

Bottom Source: Price source for lower EMA (default: Close)

Custom Timeframe: Choose analysis timeframe (default: 15min)

Best Practices
Use on trending markets for optimal results

Combine with other indicators for confirmation

Higher timeframes provide stronger signals

Cloud thickness indicates volatility levels

Perfect for swing traders and trend followers seeking clear visual trend analysis with dynamic support/resistance identification.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.