Indicator · Pine Script v4 · On the chart

10/30 Ripster EMA Clouds

by MuMuLLC

This indicator calculates and plots multiple pairs of moving averages on the price chart, including 10/30, 5/13, 34/50, 72/89, and 180/200.

View on GitHub

GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code112
Settings22inputs
LicenceMIT
Last update3 years ago28 Dec 2022

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

112 lines of Pine Script v4 from Tradingview/EMA Clouds.pinescript, published under MIT. Keep the author's credit and licence lines when you reuse it.

EMA Clouds.pinescript
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ 
// some changes by MuMuLLC

//PLEASE TURN ON THE LINE

//@version=4
study("10/30 EMA Clouds","10/30 Ripster EMA Clouds", overlay=true)
matype = input(title="MA Type", type=input.string, defval="EMA", options=["EMA", "SMA"])

//THIS FIRST EMA IS PART OF NORMAL RIPSTER. REPLACED MY 10.30 LINE
//ma_len1 = input(title="Short EMA1 Length", type=input.integer, defval=8)
//ma_len2 = input(title="Long EMA1 Length", type=input.integer, defval=10)

ma_len1 = input(title="Short EMA1 Length", type=input.integer, defval=10)
ma_len2 = input(title="Long EMA1 Length", type=input.integer, defval=30)
ma_len3 = input(title="Short EMA2 Length", type=input.integer, defval=5)
ma_len4 = input(title="Long EMA2 Length", type=input.integer, defval=13)
ma_len5 = input(title="Short EMA3 Length", type=input.integer, defval=34)
ma_len6 = input(title="Long EMA3 Length", type=input.integer, defval=50)
ma_len7 = input(title="Short EMA4 Length", type=input.integer, defval=72)
ma_len8 = input(title="Long EMA4 Length", type=input.integer, defval=89)
ma_len9 = input(title="Short EMA5 Length", type=input.integer, defval=180)
ma_len10 = input(title="Long EMA5 Length", type=input.integer, defval=200)

src = input(title="Source", type=input.source, defval=hl2)
ma_offset = input(title="Offset", type=input.integer, defval=0)
//res = input(title="Resolution", type=resolution, defval="240")

f_ma(malen) =>
    float result = 0
    if (matype == "EMA")
        result := ema(src, malen)
    if (matype == "SMA")
        result := sma(src, malen)
    result
    
htf_ma1 = f_ma(ma_len1)
htf_ma2 = f_ma(ma_len2)
htf_ma3 = f_ma(ma_len3)
htf_ma4 = f_ma(ma_len4)
htf_ma5 = f_ma(ma_len5)
htf_ma6 = f_ma(ma_len6)
htf_ma7 = f_ma(ma_len7)
htf_ma8 = f_ma(ma_len8)
htf_ma9 = f_ma(ma_len9)
htf_ma10 = f_ma(ma_len10)

//plot(out1, color=green, offset=ma_offset)
//plot(out2, color=red, offset=ma_offset)

//lengthshort = input(8, minval = 1, title = "Short EMA Length")
//lengthlong = input(200, minval = 2, title = "Long EMA Length")
//emacloudleading = input(50, minval = 0, title = "Leading Period For EMA Cloud")
//src = input(hl2, title = "Source")
showlong = input(false, title="Show Long Alerts")
showshort = input(false, title="Show Short Alerts")
showLine = input(true, title="Display EMA Line")
ema1 = input(true, title="Show EMA Cloud-1")
ema2 = input(true, title="Show EMA Cloud-2")
ema3 = input(true, title="Show EMA Cloud-3")
ema4 = input(true, title="Show EMA Cloud-4")
ema5 = input(true, title="Show EMA Cloud-5")

emacloudleading = input(0, minval=0, title="Leading Period For EMA Cloud")
mashort1 = htf_ma1
malong1 = htf_ma2
mashort2 = htf_ma3
malong2 = htf_ma4
mashort3 = htf_ma5
malong3 = htf_ma6
mashort4 = htf_ma7
malong4 = htf_ma8
mashort5 = htf_ma9
malong5 = htf_ma10

cloudcolour1 = mashort1 >= malong1 ? #036103 : #880e4f
cloudcolour2 = mashort2 >= malong2 ? #4caf50 : #f44336
cloudcolour3 = mashort3 >= malong3 ? #2196f3 : #ffb74d
cloudcolour4 = mashort4 >= malong4 ? #009688 : #f06292
cloudcolour5 = mashort5 >= malong5 ? #05bed5 : #e65100
//03abc1

mashortcolor1 = mashort1 >= mashort1[1] ? color.olive : color.maroon
mashortcolor2 = mashort2 >= mashort2[1] ? color.olive : color.maroon
mashortcolor3 = mashort3 >= mashort3[1] ? color.olive : color.maroon
mashortcolor4 = mashort4 >= mashort4[1] ? color.olive : color.maroon
mashortcolor5 = mashort5 >= mashort5[1] ? color.olive : color.maroon


mashortline1 = plot(ema1 ? mashort1 : na, color=showLine ? mashortcolor1 : na, linewidth=1, offset=emacloudleading, title="Short Leading EMA1")
mashortline2 = plot(ema2 ? mashort2 : na, color=false ? mashortcolor2 : na, linewidth=1, offset=emacloudleading, title="Short Leading EMA2")
mashortline3 = plot(ema3 ?mashort3 : na, color=false ? mashortcolor3 : na, linewidth=1, offset=emacloudleading, title="Short Leading EMA3")
mashortline4 = plot(ema4 ? mashort4 :na , color=false ? mashortcolor4 : na, linewidth=1, offset=emacloudleading, title="Short Leading EMA4")
mashortline5 = plot(ema5 ? mashort5 : na, color=false ? mashortcolor5 : na, linewidth=1, offset=emacloudleading, title="Short Leading EMA5")

malongcolor1 = malong1 >= malong1[1] ? color.green : color.red
malongcolor2 = malong2 >= malong2[1] ? color.green : color.red
malongcolor3 = malong3 >= malong3[1] ? color.green : color.red
malongcolor4 = malong4 >= malong4[1] ? color.green : color.red
malongcolor5 = malong5 >= malong5[1] ? color.green : color.red

malongline1 = plot(ema1 ? malong1 : na, color=showLine ? malongcolor1 : na, linewidth=3, offset=emacloudleading, title="Long Leading EMA1")
malongline2 = plot(ema2 ? malong2 : na, color=false ? malongcolor2 : na, linewidth=3, offset=emacloudleading, title="Long Leading EMA2")
malongline3 = plot(ema3 ? malong3 : na, color=false ? malongcolor3 : na, linewidth=3, offset=emacloudleading, title="Long Leading EMA3")
malongline4 = plot(ema4 ? malong4 : na, color=false ? malongcolor4 : na, linewidth=3, offset=emacloudleading, title="Long Leading EMA4")
malongline5 = plot(ema5 ? malong5 : na, color=false ? malongcolor5 : na, linewidth=3, offset=emacloudleading, title="Long Leading EMA5")

fill(mashortline1, malongline1, color=color.new(cloudcolour1,45),  title="MA Cloud1")
fill(mashortline2, malongline2, color=color.new(cloudcolour2,65), title="MA Cloud2")
fill(mashortline3, malongline3, color=color.new(cloudcolour3,70), title="MA Cloud3")
fill(mashortline4, malongline4, color=color.new(cloudcolour4,65), title="MA Cloud4")
fill(mashortline5, malongline5, color=color.new(cloudcolour5,65), title="MA Cloud5")

Overview

Each pair fills a colored cloud between the short and long EMAs, with color changing based on which average is above the other. Users can enable or disable individual clouds and lines, adjust the leading period for clouds, set offset, and configure crossover alert notifications. It supports EMA or SMA calculation types and custom sources such as hl2. The script serves as a trend visualization tool for equities but applies to any market.

Details

Published by

MuMuLLC on GitHub

Type

Indicator, Pine Script v4

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
MA TypestringEMAmatype
Short EMA1 Lengthint10ma_len1
Long EMA1 Lengthint30ma_len2
Short EMA2 Lengthint5ma_len3
Long EMA2 Lengthint13ma_len4
Short EMA3 Lengthint34ma_len5
Long EMA3 Lengthint50ma_len6
Short EMA4 Lengthint72ma_len7
Long EMA4 Lengthint89ma_len8
Short EMA5 Lengthint180ma_len9
Long EMA5 Lengthint200ma_len10
Sourcesourcehl2src
Show all 22 settings
SettingTypeDefaultVariable
Offsetint0ma_offset
Show Long Alertsboolfalseshowlong
Show Short Alertsboolfalseshowshort
Display EMA LinebooltrueshowLine
Show EMA Cloud-1booltrueema1
Show EMA Cloud-2booltrueema2
Show EMA Cloud-3booltrueema3
Show EMA Cloud-4booltrueema4
Show EMA Cloud-5booltrueema5
Leading Period For EMA Cloudint0emacloudleading
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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