Candle liquidity volume

Volume Color Candles v1.02 is an MT5 indicator that colors candlesticks based on their direction and relative volume. Bullish candles transition from light green to dark green, bearish candles from light red to dark red, featuring 8 gradient levels per direction (16 individually adjustable colors total).

Parameters: 21 inputs including 16 customizable colors, volume average period (20), "high volume only" option, and threshold multiplier (1.2x). The algorithm compares current tick_volume to its moving average to determine color intensity.

Compatible with all MT5 brokers and timeframes, with no lag or repaint. Replaces native candlesticks for a clean view. Ideal for volume/price action analysis and ICT/SMC confirmation. Standard installation: compile and apply to chart.


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