Bar Color Trend

Can you please make this work on OHLC bars

I cannot fully recommend this indicator, as it gives many false signals. For example when nasdaq was falling a 1000 points on 4hr time frame, the bar colors were still green, on 15 min, for the same instrument, when the price is falling it was green and on reversal it was red....It works when it works, when you want it to work, it doesn't....I would only give it a 40% reliability as you will miss many entries. Works great on trending markets as it might prevent you from taking trades against the trend, but as stated earlier, gives many false signals on higher time frames....smaller time frames the bar colors are quite ok like 1 min and 5 min and works about 60 -70% of the time. I still have my reservations as when the market suddenly starts selling off in a bull trend, many candles still remain in green and it is difficult to take entry then, same problem when the price is in a bearish trend and then it starts reversing from support, the initial candles are still red and you would've have missed a major move..As the author mentioned, don't rely on this alone, and use other confluences for trade entries....

THX for free sharing , learning process is continue how to use it in my trading strategy

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Works perfectly on the m5 chart.

Real good

Thank you very very much for sharing it for free! This is excellent, wise and powerfull indicator. It precicely describes market behaviour!

works well

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very predictable indicator for forex day trading, thanks!