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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    Paulo Henrique Da Silva
    A simple indicator/tool to display the current timeframe in the center of the chart. The object is automatically moved to the center of the chart whenever the chart size is changed by the user. Input  Parameters : Font (default is Arial Black) Font Size (default is 50) Font Color (default is Silver, for light theme graphics, change to black or another dark color) Font Transparency (default is 90%)
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    Bianca Dantas
    24
    Bianca Dantas 2023.02.14 19:18 
     

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