MTF MA Color Candles Alert
- Индикаторы
- Park Sangmo
- Версия: 1.4
- Обновлено: 11 мая 2026
- Активации: 7
MTF MA Color Candles Alert helps traders read moving-average context faster by replacing regular candles with four customizable candle colors.
The indicator can use the current timeframe or a selected higher timeframe moving average. For example, a trader can view M5 price action while coloring the candles from an H1 or H4 moving average condition.
Main features:
- Multi-timeframe MA source: current, M5, M15, M30, H1, H4, D1, and W1
- Moving average period, method, and applied price are adjustable
- Four selectable candle colors
- Separate colors for bullish and bearish candles above the MA
- Separate colors for bullish and bearish candles below the MA
- Optional alert when the candle color state changes
- Option to alert once per bar
- Option to hide the base chart candles for a cleaner overlay
- Works directly on the main chart window
- No external DLL files required
Common use cases:
- Higher timeframe trend context on a lower timeframe chart
- Cleaner visual confirmation around moving averages
- Fast chart scanning without adding extra subwindows
- Manual trading workflows where candle color helps keep direction clear
This indicator does not predict market direction and does not place trades. It is a visual chart tool only. Traders should test settings on demo first and use their own risk management.
Copyright:
© uniprojects
