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Porychop

Blue Cloud

Porychop  
Oscillators Moving Averages cloud 50ma 50sma 50 200ma 200sma 200 exponentialmovingaverage
70
0
oscillator movingaverage cloud 50ma 50sma 50 200ma 200sma 200 exponentialmovingaverage
Trend Indicator

- Based on 4h 50/200 ma/ema
- Static, same accross all timeframes
- Works best with trending assets (espacially altcoins)
- 4h 50/200 ma/ema 's are transparent by default but can be enabled to improve visibility

Blue Cloud = Bullish, cloud often acts as support
Red Cloud = Bearish, cloud often acts as resistance
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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