OPEN-SOURCE SCRIPT
Updated Conditional Background & Bar Colors
ℹ️ Conditional Background & Bar Colors is a lightweight utility indicator that applies conditional background and candle/bar colors based on user-defined logical rules.
This script is not a trading indicator and does not generate buy or sell signals.
It is designed purely as a visual enhancement layer to help highlight market states or indicator conditions.
🔧 Features
Define multiple independent conditions using:
➤ Comparisons (>, <, =, ≥, ≤)
➤ Cross, crossover, crossunder
➤ Value changes and slope direction
➤ NA / non-NA states
Apply colors to:
➤ Chart background
➤ Candles / bars
➤ Optional “all conditions matched” logic for confluence highlighting
➤ Works with any indicator or price source
Can be applied to:
➤ Main price chart
➤ Indicator panes (e.g. RSI, MACD, custom indicators)
➤ No repainting
➤ No alerts
➤ No strategy or execution logic
🎯 Use Cases
➤ Visual confirmation of indicator alignment
➤ Market regime or bias highlighting
➤ Context awareness for discretionary trading
➤ Conditional coloring inside indicator panes
🎨 Color behavior
➤ Background colors overlap and can be combined using transparency
➤ The “all conditions matched” color overrides individual background colors
➤ Bar colors override each other, where the lowest active condition in the list takes priority
⚠️ Disclaimer
This script provides visual assistance only.
All trading decisions remain the sole responsibility of the user.
This script is not a trading indicator and does not generate buy or sell signals.
It is designed purely as a visual enhancement layer to help highlight market states or indicator conditions.
🔧 Features
Define multiple independent conditions using:
➤ Comparisons (>, <, =, ≥, ≤)
➤ Cross, crossover, crossunder
➤ Value changes and slope direction
➤ NA / non-NA states
Apply colors to:
➤ Chart background
➤ Candles / bars
➤ Optional “all conditions matched” logic for confluence highlighting
➤ Works with any indicator or price source
Can be applied to:
➤ Main price chart
➤ Indicator panes (e.g. RSI, MACD, custom indicators)
➤ No repainting
➤ No alerts
➤ No strategy or execution logic
🎯 Use Cases
➤ Visual confirmation of indicator alignment
➤ Market regime or bias highlighting
➤ Context awareness for discretionary trading
➤ Conditional coloring inside indicator panes
🎨 Color behavior
➤ Background colors overlap and can be combined using transparency
➤ The “all conditions matched” color overrides individual background colors
➤ Bar colors override each other, where the lowest active condition in the list takes priority
⚠️ Disclaimer
This script provides visual assistance only.
All trading decisions remain the sole responsibility of the user.
Release Notes
ℹ️ Conditional Background & Bar Colors is a lightweight utility indicator that applies conditional background and candle/bar colors based on user-defined logical rules.This script is not a trading indicator and does not generate buy or sell signals.
It is designed purely as a visual enhancement layer to help highlight market states or indicator conditions.
🔧 Features
Define multiple independent conditions using:
➤ Comparisons (>, <, =, ≥, ≤)
➤ Cross, crossover, crossunder
➤ Value changes and slope direction
➤ NA / non-NA states
Apply colors to:
➤ Chart background
➤ Candles / bars
➤ Optional “all conditions matched” logic for confluence highlighting
➤ Works with any indicator or price source
➤ plot price as bars or line
Can be applied to:
➤ Main price chart
➤ Indicator panes (e.g. RSI, MACD, custom indicators)
➤ No repainting
➤ No alerts
➤ No strategy or execution logic
🎯 Use Cases
➤ Visual confirmation of indicator alignment
➤ Market regime or bias highlighting
➤ Context awareness for discretionary trading
➤ Conditional coloring inside indicator panes
🎨 Color behavior
➤ Background colors overlap and can be combined using transparency
➤ The “all conditions matched” color overrides individual background colors
➤ Bar colors override each other, where the lowest active condition in the list takes priority
⚠️ Disclaimer
This script provides visual assistance only.
All trading decisions remain the sole responsibility of the user.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.