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Candle Color Day MT4

FREE

Published: 12 February 2026

Current version: 1.0

Candle Color Day MT4

Indicators
Alexandr Saprykin
Alexandr Saprykin
Forex at Freelance

Russia

17255
Trader, programmer. The Grail does not exist.

11 topics 3507 comments
Version: 1.0

Candle Color Day - Colored Candlestick Indicator by Day of the Week

What is it?

A simple visual tool that colors candlesticks on a chart depending on the day of the week. Monday is one color, Tuesday is another, and so on. Have you ever wondered how often prices behave a certain way on specific days of the week? This indicator helps you see such patterns.

Who is it for?

For traders who:

Want to quickly determine the day of the week using historical data

Look for seasonal patterns in price action

Need an additional visual reference on the chart

Analyze the impact of specific days on trading

How does it work?

The indicator draws colored lines over existing candlesticks, preserving the original Japanese candlestick underneath. Each day of the week is assigned a different color. Default:

Monday - Red

Tuesday - Green

Wednesday - Blue

Thursday - Orange

Friday - Brown

Saturday and Sunday - Gray

Settings:

Everything can be configured in two clicks:

CandleWidth - candle body thickness (1 to 10 pixels)

ShadowWidth - shadow thickness (1 to 5 pixels)

Colors for each day of the week - customized using the color picker

You can make candles thin and subtle or thick and vibrant, depending on your preference.

Features:

Works with all instruments

Doesn't redraw history (doesn't repaint)

Smooth terminal performance, even with large histories

Automatically clears old objects when updating

Doesn't conflict with other indicators

Requires minimal system resources

Tips for use:

For analysis: Set neutral colors to avoid distractions from the chart

For presentations: Use bright colors for clarity

Optimal settings: CandleWidth=3, ShadowWidth=1 - clearly visible but not obtrusive

Combination: Works with any other indicators and strategies

What it does NOT do:

Doesn't provide trading signals

Doesn't predict future price movement

Doesn't replace analysis

Doesn't have sound or pop-up alerts

Why is it free?

This tool was created for the trading community. Sometimes the simplest solutions are the most useful. If an indicator saves you time or helps you notice something new, then it has served its purpose.

Important:

The indicator draws graphical objects on the chart. When deleting the indicator, all objects are deleted automatically. They are redrawn when changing the timeframe or symbol.

Search keywords: colored candles, days of the week, chart visualization, candlestick coloring, day of the week indicator, seasonality in Forex, patterns by days of the week, candlestick analysis, MetaTrader tool.

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Trend Candle — Instant Trend Reading Indicator The Trend Candle indicator automatically colors your chart candles, turning complex analysis into a visually understandable picture. Instantly determine market strength and direction: green for an uptrend, red for a downtrend, and gray for a neutral phase. The tool is based on the synchronization of two adaptive filters, providing clear signals without unnecessary noise. Key Benefits Instant trend visualization: Market direction is determined at

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The reduced price is valid for early buyers! After that, the price will be $100. Engulfing Pattern Dashboard — Multi-symbol Engulfing Pattern Scanner with Confirmation on Lower Timeframes Product Description Engulfing Pattern Dashboard is a powerful and convenient tool for traders based on the classic Japanese candlestick pattern, the Bullish/Bearish Engulfing. The indicator automatically scans up to 30 trading instruments simultaneously, identifying new signals in real time and displaying the

60 USD

This indicator is for the MT4 platform is here Version 4.4 Professional indicator for detecting Engulfing Candlestick Patterns with multi-timeframe confirmation. Key Features: Flexible Timeframe Configuration Fully customizable lower timeframes for confirmation Use any combination: M1-M5-M15, M5-M15-H1, M15-H1-H4, etc. Adapts to any trading style and strategy Three-Level Signal Confirmation Weak confirmation (custom TF) - yellow arrows Medium confirmation (custom TF) - blue arrows Strong confir

30 USD

Smart Pivot Points for MetaTrader 5 — Clear Levels for Smart Trading Smart Pivot Points is a professional indicator for MetaTrader 5 that automatically calculates and displays a full set of key trading levels on the chart. It transforms the chaos of price action into a clear structured map, highlighting support, resistance, price balance, and potential target zones. Designed for traders who value clarity, the tool works in any market: Forex, cryptocurrencies (Bitcoin, Ethereum), stock indices,

65 USD

49 USD

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Candle Color Day MT4

Alexandr Saprykin