DS Candle Painter
- Indicators
- Herminio Jesus Da Costa Machado
- Version: 1.0
- Activations: 5
📌 Title:
DS Candle Painter – Clean Trend Candles with Smoothed MA Logic
📄 Description:
DS Candle Painter is a lightweight and effective indicator that paints traditional Japanese candles based on a Smoothed Moving Average trend filter.
Instead of replacing the candles with custom bars, this tool simply colors the standard candles:
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🟩 Green when the price closes above the Smoothed MA
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🟥 Red when the price closes below
This makes it ideal for:
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Trend visualization without clutter
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Combining with other indicators or price action
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Scalping, swing trading, and even algorithmic setups
⚙️ Features:
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Adjustable MA period
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Uses Smoothed Moving Average for stable signals
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Candle coloring only — no extra objects or overlays
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Works on any timeframe and symbol
📌 Inputs:
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MA Period : Period of the smoothed moving average
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Color above MA : Color of bullish candles
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Color below MA : Color of bearish candles
Simple. Intuitive. Reliable.
Start painting your charts with DS Candle Painter today!