AlgoAlpha User Manual
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  1. Premium Indicators
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  3. Settings

Firmament Cloud

Configuration and Parameters

1. Enable/Disable Firmament Cloud

  • Option: Toggle On/Off

  • Description: Allows you to enable or disable the Firmament Cloud component on your chart.

  • Usage Tip: If your trading style doesn’t rely on overbought/oversold levels, you may disable this feature for a cleaner chart layout.

2. Base Cloud Deviation

  • Default Value: 12

  • Description: Sets the base deviation for the upper and lower cloud bands. A higher deviation widens the distance between the clouds and the price, making the Firmament Cloud less sensitive to smaller price moves.

  • Usage Tip: In highly volatile markets, a larger base deviation may help prevent the cloud from signaling overbought/oversold conditions too frequently.

3. Firmament Cloud Width

  • Default Value: 3

  • Description: Controls the thickness of the Firmament Cloud bands, effectively widening or narrowing the cloud zone.

  • Usage Tip: Use a narrower width for stable, low-volatility assets where tighter zones are useful. For volatile assets, increase the cloud width to capture a broader range of price movement.

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Last updated 6 months ago