Cloud System is a Trading System Invented by Ripster where areas are shaded between two desired EMAs. The concept implies the cloud area serves as support or resistance for Intraday & Swing Trading. This can be utilized effectively on 10 Min for day trading and 1Hr/Daily for Swings. Ripster himself utilizes various combinations of the 5-12, 34-50, 8-9, 20-21 clouds but the possibilities are endless to find what works best for you.
“Ideally, 5-12 or 5-13 cloud acts as a fluid trendline for day trades. 8-9 Clouds can be used as pullback Levels –(optional). Additionally, a high level price over or under 34-50 clouds confirms either or bias on the price action for any timeframe” – Ripster
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.