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Candle Colors

The Color Candles Indicator uses custom colors to highlight candles that follow the main market trend, based on the Moving Average. This simplifies the analysis of price movements, making it clearer and more direct.
  • When the price is above the rising Moving Average, candles are highlighted indicating a BUY opportunity.
  • When the price is below the declining Moving Average, candles are highlighted indicating a SELL opportunity.


Input Parameters:

  • Period
  • Method
  • Applied Price


    The moving averages were included in the chart only to illustrate the calculation of the indicator and suggest their use together.



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    EXCLUSIVE! JUST  10 COPIES  AVAILABLE!   BONUS AUX VIP Club 2024 : Include EA CAP, CEP, LDH, PSC307 & AO4C to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only ) FREE Trading Education Available Daily via Zoom --- For More Info or Instant Message Click link ---  https://t.me/abcdwave Transform your trading with the "Five Magic Bullets" Indicator, tailored for traders who embrace the power of Elliott Wave Chaos Theory.
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    Bianca Dantas
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    Bianca Dantas 2023.02.14 19:18 
     

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    Version 2.10 2024.03.10
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    Version 2.0 2024.02.08
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