Plus Color Bars

Plus Color Bars for MetaTrader 5 — Colored Bars on the Chart

In this video, I present Plus Color Bars, an indicator created to make the reading of price movements clearer and more objective in MetaTrader 5.

The indicator automatically colors each bar according to the direction of the period:

  • Green when the close is equal to or higher than the open;
  • Pink when the close is lower than the open.

The bar display allows you to visualize the open, high, low, and close, helping to identify the direction of movements, changes between buyers and sellers, and price behavior across different assets and timeframes.

Plus Color Bars works automatically and also includes visual handling for studies performed using the MetaTrader 5 Replay.

The indicator is a support tool for analysis and does not represent a promise or guarantee of results. Always use proper risk management.


Video Plus Color Bars
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