4-Color Candlestick

One overlay. Four states. No second guessing.
Market regimes
Neutral (Grey) — Price or trend momentum near the baseline.
Consolidation or transition; patience is often rewarded.
Strong Bull (Green) — Confirmed uptrend with strong bullish participation
(expansion candle or gap-up). High conviction environment.
Bull (Orange) — Uptrend remains intact, but momentum is moderate.
Favor continuation with risk control.
Bear (Red) — Bearish structure or trend deterioration.
Defensive or short-biased conditions.
Why traders use it
Decision clarity at a glance
No need to cross-check multiple indicators—candle color reflects the market regime.
Stable and final signals
No repainting, no higher-timeframe dependencies. What you see is what it is.
Consistent across markets
One logic works on stocks, forex, indices, and crypto—build repeatable habits.
Who it’s for
Discretionary traders who want a clean read of trend and strength
Systematic traders using regime filters for entries or position sizing
Anyone who prefers one meaningful overlay instead of many studies
How it works (high level)
Each candle is classified in a fixed order:
Neutral → Strong Bull (including gap-ups) → Bull → Bear.
One candle, one state—no overlap, no ambiguity.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Zak- directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Zak- directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.