Dat Cloud Indicator in MetaTrader 4 Download – TradingFinder

The Dat Cloud indicator is a specialized tool for technical traders who use moving averages to determine market trend direction.

This indicator combines two moving averages and displays the difference between them in the form of a cloud, highlighting bullish and bearish market trends. Traders can also use the Dat Cloud in MetaTrader 4 to identify support and resistance zones during price pullbacks.

Dat Cloud Indicator Table

The following section contains information about the Dat Cloud Indicator.

Dot Cloud Indicator at a Glance

The Dat Cloud indicator is a practical tool for detecting market trends. Forex traders can apply this indicator on charts to monitor market trends and, by analyzing the slope of the indicator, determine the momentum of bullish or bearish moves.

Additionally, when a price pullback occurs toward the Dat Cloud, this zone may act as a support or resistance area in the market.

Uptrend in the Dot Cloud Indicator

On the 15-minute XAUUSD chart, the Dat Cloud indicator displays an uptrend in the market using a cloud.

Traders can identify bullish trends and, in the event of a price pullback to the Dat Cloud zone, use it as an entry or re-entry point for buy trades.

Downtrend in the Dot Cloud Indicator

On the 4-hour USDCAD chart, traders can use the Dat Cloud indicator to identify bearish trends.

The indicator displays bearish trends as a red cloud, providing sell opportunities. In such cases, a pullback to the cloud can be used as an entry or re-entry point for sell trades.

Dat Cloud Indicator Settings

The following section contains the execution settings of the Dat Cloud Indicator:

• SHORT_PERIOD: Short-term (fast) period setting;
• LONG_PERIOD: Long-term (slow) period setting;
• SHIFT: Adjusts the displacement of the indicator to the right or left (in candles);
• MAX_BARS: Maximum number of candles for displaying the indicator;
• ALERT: Enable/disable alerts when a trend change occurs;
• EMAIL: Enable/disable email alerts when a trend change occurs;
• NOTIFICATION: Enable/disable push notifications to mobile when a trend change occurs;
• MESSAGE_TIMEOUT: Time interval between alert messages;
• MESSAGE_SUBJECT: Subject of alert or custom message.

Conclusion

The Dat Cloud Indicator is a practical trading tool for use in trading strategies in the Forex and cryptocurrency markets.

By calculating two different moving average periods and displaying the difference as a cloud, it highlights potential support and resistance areas and key reaction points on the chart.

By analyzing the slope of the indicator, traders can detect market trend direction and momentum, enabling more in-depth chart analysis.