Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Indicators and strategies
/
Color Candles
PROTECTED SOURCE SCRIPT
Color Candles
By nonoyeslearns
Follow
Follow
Dec 3, 2018
1
8
1
Add to favorites
Add to favorites
Dec 3, 2018
Uses 6 most common indicators to color candles when they give buy/sell signals.
Use line view to see candle colors.
Purple = 6 buy signals
Teal = 5 buy signals
Navy = 4 buy signals
Lime = 3 buy signals
Green = 2 buy signals
Pale Green = 1 Buy signal
White = neutral
Gray = 1 sell signal
Yellow = 2 sell signals
Orange = 3 sell signals
Red = 4 sell signals
Firebrick = 5 sell signals
Black = 6 sell signals
Parabolic SAR calculated as .02, .02, .2. Traditional Buy/Sell. Green/Red Dots.
Bollinger Band calculated as 20, 1. Buy/Sell when above or below band. Aqua filled band.
MACD calculated with emas 12, 26, 9. Traditional MACD/Signal cross Buy/Sell. Filled Blue/Orange band.
RSI length 14. Traditional Buy/Sell below 30 and above 70. Green/Yellow/Red line below price.
ADX/DI len 14. Traditional crossover Buy/Sell. Filled Lime/Green above price.
Stochastic 14/3/3. Traditional 20/80 Buy/Sell. Filled teal/orange above price.
ADX
Bollinger Bands (BB)
candle
DI
Moving Averages
Oscillators
parabolic
Relative Strength Index (RSI)
Stochastic Oscillator
Trend Analysis
Protected script
This script is published closed-source and you may privately use it freely.
Want to use this script on a chart?
Add to favorites
nonoyeslearns
Follow
Also on:
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
.