Rainbow MA Cloud

█ OVERVIEW
Rainbow MA Cloud displays 8 Moving Averages as a gradient-colored cloud to visualize trend direction and strength. The "rainbow" effect shows momentum through ribbon width, while perfect MA alignment signals strong trending conditions.


█ CONCEPTS
The indicator uses 8 MAs with Fibonacci-based default lengths (8, 13, 21, 34, 55, 89, 144, 233) to create a layered view of price momentum across multiple timeframes.

Perfect Alignment Detection:
• Bullish Alignment — All 8 MAs in ascending order (MA1 > MA2 > ... > MA8)
Indicates strong uptrend with momentum across all timeframes
• Bearish Alignment — All 8 MAs in descending order (MA1 < MA2 < ... < MA8)
Indicates strong downtrend with aligned selling pressure
• Mixed — MAs are not in sequential order, suggesting consolidation or transition

Ribbon Width:
• Widening ribbon = Trend acceleration, increasing momentum
• Narrowing ribbon = Trend weakening, potential reversal or consolidation


█ FEATURES
1 — MA Configuration
Choose from EMA, SMA, WMA, VWMA, or HMA calculation methods.
All 8 MA lengths are fully customizable.

2 — Color Themes
Five built-in themes: Rainbow, Warm, Cool, Neon, Mono.
Creates visually distinct gradient from fast to slow MAs.

3 — Alignment Background
Green background during bullish alignment.
Red background during bearish alignment.
Helps quickly identify strong trending periods.

4 — Trend Signals
Labels appear when perfect alignment forms.
"BULL ALIGN" for bullish, "BEAR ALIGN" for bearish.

5 — Information Panel
Real-time display of alignment status, trend strength percentage,
ribbon width, price position relative to cloud, and MA values.


█ HOW TO USE
Entry Signals:
• Look for alignment signals (BULL/BEAR ALIGN) as trend confirmation
• Enter long when bullish alignment forms with price above cloud
• Enter short when bearish alignment forms with price below cloud

Trend Following:
• Stay in position while alignment background color persists
• Widening ribbon confirms trend continuation
• Exit or reduce when alignment breaks (background disappears)

Support/Resistance:
• Cloud edges act as dynamic support (bullish) or resistance (bearish)
• Price entering cloud suggests consolidation or potential reversal


█ LIMITATIONS
• Alignment signals are lagging by nature (based on MA crossovers)
• Works best on trending markets; generates mixed signals during ranging periods
• Ribbon width measurement uses outer MAs only (MA1 vs MA8)


█ COMPANION INDICATOR
Use "Rainbow MA Width" indicator for detailed Z-Score analysis of ribbon expansion/contraction patterns.