Candle Coloring

Overview

The Candle Coloring feature provides an immediate, visual representation of the underlying market structure directly on your price chart. Instead of analyzing multiple separate indicators, this tool color-codes your candles based on the dominant short-term and long-term market trends, allowing for quick and intuitive analysis.

When enabled, candles will change color to reflect whether the current market structure is bullish or bearish, helping you to instantly identify the prevailing trend and spot potential shifts in momentum.

Settings

You can enable or disable the Candle Coloring feature and customize the colors for both short-term and long-term market structures.

Setting	Description
Candle Coloring	Enables or disables the candle coloring feature. When set to Market Structure, candles are colored based on the active trend.

Best Practices & Usage

• Quick Trend Identification: Use the candle colors to quickly gauge the current market trend. Consistent bullish colors suggest a strong uptrend, while consistent bearish colors indicate a downtrend.

• Identify Trend Alignment: Look for moments when both short-term and long-term structures are aligned (e.g., both showing bullish colors). This can indicate a high-conviction trend. In the settings, long-term colors will take priority over short-term ones.

• Spot Trend Changes: A change in candle color can signal an early shift in market structure, providing a heads-up for potential reversals or the start of a new trend.