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.
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.
To gain access to this indicator register with one of my ref links and send me a dm on twitter.
partner.bybit.com/b/dmitry
partner.bitget.com/bg/50C7VQ
dydx.exchange/r/CQFSESSL
Twitter: twitter.com/Dmitry_Dima
partner.bybit.com/b/dmitry
partner.bitget.com/bg/50C7VQ
dydx.exchange/r/CQFSESSL
Twitter: twitter.com/Dmitry_Dima