Displaying a Two-Timeframe ColorJFatl Trend Cloud
Summary
This document describes a chart indicator that plots two ColorJFatl lines from different timeframes and fills the space between them with a cloud colored to represent market trend direction. The example defaults to hourly and four-hour timeframes. Inputs allow users to adjust smoothing depth, smoothing behavior, applied price, and horizontal or vertical shifts.
It is an indicator description rather than a tested trading strategy: the text gives no entry or exit rules, market, backtest, or performance evidence. Operation also depends on a separate ColorJFatl indicator being installed in the platform’s indicators directory. The cloud can visually compare trend readings across timeframes, but the document does not establish how reliably that presentation signals future price movement.
Key ideas
- The indicator displays two ColorJFatl lines calculated on separate timeframes.
- A colored cloud between the lines represents the stated trend direction.
- Users can configure timeframes, smoothing settings, price input, and chart shifts.
- The document gives no trading rules or evidence of predictive performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.