This indicator colors the candles according to the current trend reminding popular Heiken
Ashi. The indicator is easier to analyze compared to standard Japanese candlesticks.
It can be used as a simple strategy together with a trend indicator. The indicator is included in Argo-Trix strategy's set of indicators. The screenshot displays Argo Candles together with SATL indicator. Only the calculation period can be changed in the settings affecting its lagging rate.