add cloud to the stacked EMA

5rings

New member
looking for a cloud between 10ema and the 22ema

#Written by TOS Indicators 2023
#Home of the Volatility Box
#Indicator: Stacked Moving Averages Indicator
#Full Tutorial Link: tosindicators.com/indicators/stacked-moving-averages

#10 EMA, 22 EMA, 34 EMA, 50 SMA, 200 SMA

plot EMA10 = ExpAverage(close, 10);
EMA10.SetDefaultColor(Color.CYAN);

plot EMA22 = ExpAverage(close, 22);
EMA22.SetDefaultColor(Color.MAGENTA);

plot EMA34 = ExpAverage(close, 34);
EMA34.SetDefaultColor(Color.YELLOW);

plot SMA50 = SimpleMovingAvg(close, 55);
SMA50.SetDefaultColor(Color.YELLOW);
SMA50.SetStyle(Curve.SHORT_DASH);

plot SMA200 = SimpleMovingAvg(close, 200);
SMA200.SetDefaultColor(Color.WHITE);
SMA200.SetStyle(Curve.SHORT_DASH);


def bullStacked = EMA10 > EMA22 and EMA22 > EMA34 and SMA50 > SMA200;
def bearStacked = EMA10 < EMA22 and EMA22 < EMA34 and SMA50 < SMA200;

plot bullStackedPlot = bullStacked and !bullStacked[1];
bullStackedPlot.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
bullStackedPlot.SetDefaultColor(Color.LIGHT_GREEN);
bullStackedPlot.SetLineWeight(5);

plot bearStackedPlot = bearStacked and !bearStacked[1];
bearStackedPlot.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
bearStackedPlot.SetDefaultColor(Color.LIGHT_RED);
bearStackedPlot.SetLineWeight(5);
 
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10ema and the 22ema
Too many clouds can be very confusing. I use clouds on my AGAIG_BestTradingChartSetup but limit the clouds to the 8/20 EMS (the 21 EMA is a Fibonacci Level and I use the 20 EMA as a heads up since the 21 EMA is a frequent turning point). My suggestion would be to pick you two favorites and cloud them My chart also has an upper label showing whether there are stacked EMAs or not?
 
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