Ripster Labels + Air Gaps (v6)

What it shows (on one chart)

EMA Clouds (current timeframe)

Plots EMA 8/12/21/34/50/200 with three cloud fills:

12–21 = “fast” cloud

34–50 = “mid” cloud

50–200 = “base” cloud

Cloud color: green when the faster EMA is above the slower (bullish), red/maroon/orange when below (bearish).

Toggle lines vs. clouds via A) EMA Clouds settings.

MTF Rails (higher-TF EMAs)

For three higher timeframes (defaults 30m / 60m / 240m), draws two EMAs each (defaults 34 & 50).

These are stepline-like rails you can visually use as higher-TF supports/resistances.

Configure in B) MTF Rails (turn on/off, change TFs/lengths/colors).

Relative Volume Box (RVol)

Small table (top-center) showing:

Candle Vol (formatted K/M/B if enabled)

RVol = current bar volume / SMA 20 of volume (as a %)

Color scale: blue (<100%), yellow (100–150%), red (>150%).

Settings in C) RVol Box.

DTR vs ATR Box

Daily True Range (DTR = day high − day low) vs ATR(14) on the daily timeframe, with DTR as % of ATR.

Placed at top-right; toggle in D) DTR/ATR Box.

Ripster Trend Label (10m 12/50)

Looks at a separate timeframe (default 10m): EMA 12 vs EMA 50.

Bottom-right table cell shows “10m Trend ↑/↓/Sideways” (green/red/gray).

Configure in E) Ripster Trend Labels (TF and lengths).

Air Gaps (single EMA per TF)

Three horizontal, auto-extending lines showing an EMA from 30m / 60m / 240m (default length 12).

“Air gaps” are the price spaces between these lines—often lighter-resistance zones for price.

Start point logic:

All Bars = draw from the chart’s left

Start of Day = draw from today’s first bar

Bars Offset = draw from N bars back (default 100)

Settings in F) Air Gaps (TFs, length, draw-from, bars-back).

Inputs & where to tweak
A) EMA Clouds

Show EMA Clouds: master toggle

Source: close (default)

Lengths: 8/12/21/34/50/200

Show EMA lines: toggle plotted lines (clouds remain)

B) MTF Rails

Show MTF Rails

TF1/TF2/TF3 (defaults 30/60/240)

EMA A/B (defaults 34/50)

C) RVol Box

Show box

Format as K/M/B: K=1e3, M=1e6, B=1e9

D) DTR/ATR Box

Show DTR/ATR

ATR len: default 14 (daily)

E) Ripster Trend Labels

Show labels

Trend TF: default 10 (10-minute)

Trend EMA Fast/Slow: default 12/50

F) Air Gaps

Show Air Gap lines

TF1/TF2/TF3 (30/60/240)

EMA length: default 12

Draw from: All Bars | Start of Day | Bars Offset

Bars back: used if Draw from = Bars Offset

How it makes decisions

Cloud bias = sign of (faster EMA − slower EMA) for each cloud pair.
Example: 12>21 → fast cloud is bullish (green); 34>50 → mid cloud bullish (teal).

10m trend label = sign of (EMA12−EMA50) on the Trend TF (default 10m).

RVol = volume / sma(volume, 20); formatted as a percent and color-coded.

Practical read of the screen

Fast cloud flips (12/21) often mark short-term momentum changes; mid cloud flips (34/50) reflect swing bias.

Air Gap lines from higher TFs frequently act as support/resistance. Larger spaces between lines = “air gaps” where price can move with less friction.

RVol color tells you how “real” a move is: red/yellow often confirms momentum; blue warns of thin/liquidy bars.

DTR vs ATR shows if today’s range is stretched vs recent norm.

Design choices (why your prior errors are gone)

Removed multiline ?: chains → replaced by if/else (Pine v6 is picky about line continuations).

Moved fill() calls outside of local if blocks (Pine limitation).

ta.change(time("D")) != 0 makes the if condition boolean.

Declared G_drawFrom / G_barsBack before startX() so identifiers exist.