Market / MetaTrader 5 / Indicators /

Hollow Candles MA

30 USD

Demo downloaded: 2

Published: 2 May 2026

Current version: 1.0

Hollow Candles MA

Indicators
Helmiton Paulo Socorro Melo
Helmiton Paulo Socorro Melo
Brazil

170
Version: 1.0
Activations: 10

Hollow Candles MA - Professional Trend Indicator for Hollow Candles

Hollow Candles MA is a clean and effective trend-following indicator specially designed for Hollow Candles charts.

It compares the closing price with a fast moving average and clearly displays the current market trend by coloring the candles:

DodgerBlue = Bullish trend (Close ≥ Fast MA)
Red = Bearish trend (Close ≤ Fast MA)

This indicator helps traders visually identify trend direction with high clarity on Hollow Candles charts, making it easier to follow strong moves and avoid choppy market conditions.

Key Features:

Optimized for Hollow Candles chart type
Simple and reliable trend detection
Clean visual signals using DodgerBlue and Red
Very lightweight on system resources
Fully customizable

Parameters:

Fast MA Period: Period of the moving average (default 14)
MA Method: SMA, EMA, SMMA, LWMA
MA Applied Price: CLOSE, OPEN, HIGH, LOW, MEDIAN, TYPICAL, WEIGHTED
Bullish Color: Default DodgerBlue
Bearish Color: Default Red

Perfect for:

Day traders and swing traders
Trend-following strategies
Hollow Candles users
Beginners and experienced traders

Color Settings:

• Bullish Candles: DodgerBlue, Black, DodgerBlue

First color: Wicks and body border (Bullish)
Second color: Body fill for bullish candles
Third color: Body fill for bearish candles

• Bearish Candles: Red, Black, Red

First color: Wicks and body border (Bearish)
Second color: Body fill for bullish candles
Third color: Body fill for bearish candles

Hollow Candles MA is a straightforward yet powerful tool that helps you stay on the right side of the market trend.

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Hollow Candles MA

Helmiton Paulo Socorro Melo