It represent the state of different indicators at the moment. If you see a small green column, that means that only one or few indicators are getting into the positiv area, wait for higher bars to get into a trade. Same thing on the red bars side.
Calculation is based on few indicators like RSI , MACD , EMA , SMA and some more.
Happy trading
+++ use this tool on your own risk. i'm not responsible for your loses +++ Show some ❤