VSA Candle Color

Instantly spot abnormal volume candles on your chart. Ultra High candles turn purple, Very High candles turn gold — so you never miss a Smart Money move again.

The problem most traders face:

You watch price action carefully, but volume spikes happen fast. By the time you glance down at the volume panel, cross-reference the candle, and decide — the move is already over. You second-guess entries, miss confirmation, and act too late.

What VSA Candle Color does:

This indicator paints candles directly on your MT5 chart the moment abnormal volume is detected — no need to look away from price action.

Using Wilder's Moving Average (RMA) on tick volume:

• 🟣 Purple candle = Ultra High volume (≥ 2.2× average) — Smart Money at full force
• 🟡 Gold candle = Very High volume (≥ 1.8× average) — Strong institutional interest

Normal candles remain unchanged, so your chart stays clean.

Who is this for:

Scalpers, intraday traders, and VSA/Wyckoff practitioners on MT5 who need to identify Smart Money activity instantly — without switching windows or losing focus on price.

Key benefits:

• React in real time — colored candles appear the moment the bar closes
• Works on any symbol and any timeframe
• Fully customizable: adjust MA period and both volume thresholds to fit your instrument and style
• Clean chart — only abnormal candles are highlighted, nothing else

Settings:

• MA_Period (default 20) — lookback for average volume calculation
• Ratio_Ultra (default 2.2) — threshold multiplier for purple candles
• Ratio_VeryHigh (default 1.8) — threshold multiplier for gold candles

When you learn to use this indicator effectively, you will feel more in sync with the market — entering at better moments and improving your win rate over time.

However, this is not a Holy Grail. You must always respect the probabilistic nature of the market and manage your risk with discipline.

When all of these elements come together, we believe you will become a consistently profitable trader. Good luck and trade well.