OPEN-SOURCE SCRIPT

Cloud Donchian + Keltner + Bollinger

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**XAUUSD M1 - Upper, Middle & Lower Combination Clouds**

This indicator combines three widely used volatility channels — Donchian, Keltner, and Bollinger Bands — into a single, clear cloud overlay optimized for the XAUUSD 1-minute chart.

**What it does:**
- Calculates upper, middle, and lower volatility zones by combining the three channels.
- The **Upper Cloud** shows the potential upper price boundary based on the highest highs of the combined indicators.
- The **Lower Cloud** shows the potential lower price boundary from the lowest lows of the combined indicators.
- The **Middle Cloud** fills the area between the upper cloud’s bottom and lower cloud’s top, colored dynamically: green for rising trends and red for falling trends.
- Visible lines highlight the upper and lower cloud boundaries for precise reference.

**Why it’s useful:**
- Helps traders identify support and resistance zones based on multiple volatility measures.
- The dynamic middle cloud coloring provides intuitive visual cues on trend direction and strength.
- Designed specifically for scalpers and short-term traders focused on fast-moving gold markets (XAUUSD, 1-minute timeframe).
- Fully customizable input parameters allow users to adjust channel lengths and sensitivities to fit their trading style.

**Inputs:**
- Donchian channel length
- Keltner channel EMA length and ATR multiplier
- Bollinger Bands length and multiplier
- Customizable cloud colors and line colors

**Usage notes:**
- This is a tool to support decision-making — it should be used in conjunction with other analysis techniques.
- It does not provide explicit buy or sell signals but highlights key volatility zones and trend shifts.
- Performance depends on market conditions; backtest results do not guarantee future outcomes.
- The indicator is open-source and configurable to fit individual preferences.

**Important:**
- No guaranteed profits — trade responsibly.
- Always combine this tool with sound risk management.

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