Candles Colored Green/Red According To Buy & Sell Pressure
Turn Off Candle Colors
For this script to show properly on the chart, make sure you go to chart settings(gear icon in top right corner) and in the symbol tab, uncheck body, borders and wick.
How To Use
Use the color changes to see if there is more buying or selling to pinpoint reversals and understand current market buying. Wait to enter or exit positions until the candles turn the opposite color.
Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our VWAP From Multiple Sources, Portfolio Tracker, Volume Weighted Reversal Bands, Any 8 Moving Averages, VIX Reversal Scalper, MOM + MFI + RSI and Momentum Scalper Ribbon in combination with this Buy & Sell pressure Candle indicator.