PROTECTED SOURCE SCRIPT

Dmitry Candle Color

1 839
Candles change color depending on trend:

White = Uptrend
Gray = Neutral / Transition
Red = Downtrend

Based on moving averages and helpful for scanning multiple timeframes to determine short / mid term momentum. I find it useful to help trade with the trend, or at least know when the market is becoming weaker / stronger.

Recommend to use this together with the Background Color indicator.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.