Dmitryyi

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.
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This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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