Kurotoga Cloud

Kurutoga Cloud is a cousin-inpired cloud of the Ichimoku Kinko Hyo.

It removes the unnecessary fluff and just focus drawing the 50% levels on current mainframe for the typical RSI standard length (14) settings on current time-frame (Lead A) and the Higher time-frame (Lead B)

User should pay particular attention to where the cloud will draw longer straight-lines. Those ranges are 50% ranges of significance and likely to act as target zones for support/resistances in the future.

The cloud can also act a a very reliable trend indicator.

[HTF-High-Timeframes]
Intraday = D
D = W
W = M
M = 4M

Release Notes

Spelling mistake in indicator name corrected from Kurotoga to Kurutoga. (Unfortunately can't correct the original link name)

There is also a new Kurutoga Histogram available at

Release Notes

• added optional displacement.

Release Notes

• added default offset 3

Release Notes

• fixed color with Lead A line

Release Notes

• changed model to not use security for Lead B and use 5x the default length

Release Notes

• quick bug fix

Release Notes

• Added 7 color primary themes imported from DELTA7.
• Fixed visibility of Lead A
• Small change of Lead B calc

Release Notes

• Added second layer to highlight near high probability Support/Resistance ranges

Release Notes

• Quick Bug Fix

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

D7R

Disclaimer

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Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

D7R