RipsterCloud Scan — how to read it

The RipsterCloud Scan runs an EMA-cloud trend-following engine (in the style of Ripster's EMA clouds) across a whole watchlist of stocks, ETFs and crypto, and reports every buy/sell signal the strategy would print. It works on 10-minute extended-hours bars, so pre- and post-market moves are part of the picture. Instead of staring at one chart, you get a live table of where clean pullback-continuation setups are firing right now, plus the exact indicator chart and trade levels for any name you click.

Open the RipsterCloud Scan →

This is a members-only tab. The guide below is free to read; opening the live scanner requires a signed-in paid account.

The idea in one line

Trade with the higher-timeframe trend, but only enter on a pullback that resets — never chase an extended move. The engine encodes that discipline as a set of exact, repeatable rules so it can be scanned and back-checked rather than eyeballed.

The algorithm, step by step

• Regime (the trend cloud) — 34/50 EMA. The cloud between the 34- and 50-period EMAs defines the trend. A long is only allowed when that cloud is bullish (stacked and sloping up with color agreement); a short only when it is bearish. This is the filter that keeps signals on the right side of the market.
• Pullback arming — ≥ 0.75 ATR. After a push, price has to pull back at least three-quarters of an ATR off the leg's extreme and close back inside the faster 5/12 EMA cloud. That "arms" a setup — the market has paused, not run away.
• Trigger — the 5×12 curl. The signal fires when the 5/12 cloud curls back in the trend direction. Three admin-selectable strictness modes: strict = the EMA cross only; balanced adds the 5-EMA slope curl; loose also accepts a cloud break.
• Extension caps. A trigger is rejected if price is already stretched — more than 2 ATR from the 12 EMA, or 3 ATR from the trend cloud — so you are not buying the top of a run.
• Cooldown & grace. An 8-bar per-direction cooldown stops the same setup re-printing over and over. A configurable "regime-dropout grace" lets an armed setup survive a few closes back outside the trend cloud instead of being wiped on the first one.

The trade levels on every signal

Each signal carries a full Ripster-style trade plan, drawn as a box on the chart:

• Stop — structural, placed past the 5/12 cloud plus a 2-ATR buffer. That distance is defined as 1R (one unit of risk).
• TP1 / TP2 / TP3 — profit targets at 1R, 2R and 3R, so reward-to-risk is explicit before you take the trade.

The panes

Summary table (left)

Every watchlist ticker with its current cloud regime, the latest signal (buy/sell) and how many bars ago it fired, sorted so the freshest setups float to the top. Click any row to load its chart.

Indicator chart (right)

The 10-minute chart with the 34/50 trend cloud, the 5/12 fast cloud, the B/S markers exactly where the engine printed them, and the trade box (entry, stop, TP1-3) for recent signals — the same graphics the underlying strategy draws.

Potential Trade Ideas + Risk Graph

Below the chart, rule-based reads of the live signal turn into concrete ideas — an options debit spread for equities/ETFs, or a long/short asset plan for crypto (which has no options). Each idea has a Risk Graph button that hands the legs to the Risk Graph tab with the strikes pre-filled, so you can see the profit/loss profile before committing.

Concepts & glossary

• EMA cloud — the shaded band between two exponential moving averages; its color and slope summarize trend at a glance.
• ATR — Average True Range, a measure of typical bar volatility, used to size pullbacks, stops and extension caps so the rules adapt to each ticker.
• R multiple — profit or loss expressed in units of the trade's risk. A trade that makes twice what it risked is +2R.
• DTR gauge — how much of the ticker's typical daily range is already used, a quick read on whether there is room left to run.
• Regime dropout grace — a tolerance that stops a good setup from being cancelled by one noisy close outside the trend cloud.

Why 10-minute extended hours?

The 10-minute timeframe is fast enough for intraday swing entries but slow enough to filter out the noise that makes lower timeframes whipsaw. Including pre/post-market bars means gaps and overnight momentum are already reflected in the clouds when the regular session opens.

Related scanners: the Squeeze Scan finds volatility compression, the MarketCipher Scan reads momentum waves, and the EMACloud Scan trades key-level reactions. See them all on the Help hub.

Educational content only — nothing on this page is financial advice or a recommendation to buy or sell any security. Signals are rule-based analytics; backtested and historical results do not guarantee future performance. Markets involve risk. © SPX Lens · About · Help & FAQ