Cloud
The Cloud indicator within G-Suite is an innovative tool that provides a visual representation of market trends. By utilizing moving averages and their differentials, it offers a clear depiction of trend strength and potential changes in market momentum.
Settings
- Name
Source: Basis- Type
- input
- Description
The primary input source for the basis of the Cloud indicator, typically a price value like 'close.'
Default value:close
- Name
Moving Average: MA Type- Type
- SMA | EMA
- Description
The type of Moving Average used in the Cloud indicator.
Default value:EMA
- Name
Moving Average: MA Length- Type
- integer
- Description
The number of periods used for calculating the Moving Average.
Default value:6
- Name
Moving Average: MA delta- Type
- integer
- Description
The first delta value applied in the Moving Average calculation.
Default value:2
- Name
Moving Average: MA delta 2- Type
- integer
- Description
The second delta value applied in the Moving Average calculation.
Default value:4
- Name
Settings: Smoothing- Type
- integer
- Description
The smoothing factor applied to the Cloud indicator's calculations.
Default value:2
- Name
Bar Colors: Blue- Type
- color
- Description
The color for the Cloud's 'Blue' component.
Default value:#1f77b4
- Name
Bar Colors: Green- Type
- color
- Description
The color for the Cloud's 'Green' component.
Default value:#2ca02c
- Name
Bar Colors: Red- Type
- color
- Description
The color for the Cloud's 'Red' component.
Default value:#d62728
- Name
Bar Colors: Orange- Type
- color
- Description
The color for the Cloud's 'Orange' component.
Default value:#ff7f0e