PROTECTED SOURCE SCRIPT
Dmitry Candle Color
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.