Ripster Clouds for Webull
Overview
• Updated BadgAir’s original script with the following:
• Remove outlines of the clouds.
• Added the following clouds:
• 05-12EMA - Momentum Cloud - Green/Red Cloud
• 34-50EMA - Pivot Cloud - Blue/Orange Cloud
• 72-89EMA - Trend Cloud - Aqua/Light Red Cloud
• Added the EMA Clouds - 08-09 EMA cloud script
• Must create a second script.
Basics
• Import EMA clouds into your platform and use the following configurations:
• 05-12 EMA Cloud - Momentum Cloud
• For more conviction, you can create an 8-9 mini cloud ribbon as well.
• 34-50 EMA Cloud - Pivot Cloud
• 72-89 EMA Cloud - Trend Cloud
• Time Frames: 10 min./1 hour/ Daily
• Focus on the 10 min chart and the 34-50 EMA cloud.
• The 34-50 EMA cloud acts as support and resistance.
• The trend is bullish if over the 50 EMA.
• The trend is bearish if below the 50 EMA.
• Use this cloud as your risk level.
• Read 100s of charts with the 10 min candles and see how they behave with 34-50 clouds.
Find setups with these 10 min candles.
• Stocks change trends on the clouds. You have to be disciplined if the stock crosses over the
cloud.
• Longs become short, and shorts becomes long.
• Gap Downs
• Short if the ticker is under the 10 min 50 EMA cloud and gets rejected.
• Go long if the ticker moves above.
• Gap Ups:
• Go long if the ticker is under the 10 min 50 EMA cloud and gets rejected.
• Go short if the ticker moves below.
• Other things to consider:
1. On the 10 min. - Higher high/lows for long and lower lows/highs for short.
2. The 5-12 EMA Cloud cross is your confirmation:
2.1.Go long when 5 EMA crosses above the 12 EMA
2.2.Go short when the 12 EMA crosses under the 5 EMA (Combine with 50 EMA on the
10 min)
3. Volume is key. If the stock has done 20% of the average volume in the 1st 30 mins, it
will trend in the same direction.
Examples
Standard
With 08-09 EMA Ribbon
Scripts
EMA Clouds - 05-12EMA, 34-50 EMA & 72-89 EMA
// Ripster Clouds (EMA Clouds)
// Version 1.1
// Originally created by BadgAir
// Updated by Dr. Frag
// 05-12EMA - Momentum Cloud - Green/Red Cloud
// 34-50EMA - Pivot Cloud - Blue/Orange Cloud
// 72-89EMA - Trend Cloud - Aqua/Light Red Cloud
// Title
study(title="EMA Clouds - 05-12EMA, 34-50 EMA & 72-89 EMA", shorttitle = "EMA Clouds - 05-12 EMA, 34-50 EMA,
& 72-89 EMA", overlay = true)
// Declare EMAs
EMA5 = ema(close, 5)
EMA12 = ema(close, 12)
EMA34 = ema(close, 34)
EMA50 = ema(close, 50)
EMA72 = ema(close, 72)
EMA89 = ema(close, 89)
// Plot Momentum Cloud - Green/Red Cloud
momocloud1 = plot(series = EMA5, title = "EMA5", color = color.white, opacity = 0)
momocloud2 = plot(series = EMA12, title = "EMA12", color = color.white, opacity = 0)
fill(momocloud1, momocloud2, color=iff(EMA5>EMA12, color.green, color.red), opacity = 40)
// Plot Pivot Cloud - Blue/Orange Cloud
pivotcloud1 = plot(series = EMA34, title = "EMA34", color = color.white, opacity = 0)
pivotcloud2 = plot(series = EMA50, title = "EMA50", color = color.white, opacity = 0)
fill(pivotcloud1, pivotcloud2, color =iff(EMA34>EMA50, color.blue, color.orange), opacity = 40)
// Plot Trend Cloud - Aqua/Light Red Cloud
trendcloud1 = plot(series = EMA72, title = "EMA72", color = color.white, opacity = 0)
trendcloud2 = plot(series = EMA89, title = "EMA89", color = color.white, opacity = 0)
fill(trendcloud1, trendcloud2, color =iff(EMA72>EMA89, color.aqua, color.red), opacity = 30)
EMA Clouds - 08-09 EMA
// Ripster Clouds (EMA Clouds)
// Version 1.1a
// Originally created by BadgAir
// Updated by Dr. Frag
// 05-12EMA - Momentum Cloud - Green/Red Cloud
// 34-50EMA - Pivot Cloud - Blue/Orange Cloud
// 72-89EMA - Trend Cloud - Aqua/Light Red Cloud
// Script adds 08-09EMA inner cloud to Momentum Cloud.
// Install 1.1 script first and add both indicators to the chart.
study(title="EMA Clouds - 08-09 EMA", shorttitle = "EMA Clouds - 08-09 EMA", overlay = true)
// Declare EMAs
EMA8 = ema(close, 8)
EMA9 = ema(close, 9)
// Plot Momentum Cloud - Green/Red Cloud - Intraday
topcloud3 = plot(series = EMA8, title = "EMA8", color = color.white, opacity = 0)
topcloud4 = plot(series = EMA9, title = "EMA9", color = color.white, opacity = 0)
fill(topcloud3, topcloud4, color=iff(EMA8>EMA9, color.green, color.red), opacity = 50)
Installation Instructions
1. Log into Webull (Desktop or Web)
1.1.Script Editor is not currently available on macOS.
2. Click Stocks.
3. Click Indicators > Script Editor.
4. Click New > Blank Script
5. Copy/Paste “EMA Clouds - 05-12EMA, 34-50 EMA & 72-89 EMA” script.
6. Update Script Name > Click Save.
7. Repeat steps 1-6 for the “EMA Clouds - 08-09EMA” script.