OPEN-SOURCE SCRIPT
Updated

Trend Candles

5 561
This indicator uses simple moving average and exponential moving average to calculate the trend of the symbols.

If the trend is BULL, the bars' color will be lime(green).

If the trend is BEAR, the bars' color will be black.

Otherwise, the bars' color will be gray.

Enjoy it!
Release Notes
Adding alert when candle turns green or black.

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.