OPEN-SOURCE SCRIPT

Bar Color

7309
Here is another indicator.

This indicator is useful from psychological point of view. It has a 20 EMA, which you can change to any value. The color of the candles or the bars will stay green unless and until we have a closing below 20 EMA, where it would give a red bar.
The tool has a great impact on psychology and keeps us in trade irrespective of the candlestick patterns.

Hope you will enjoy
Regards
Bravetotrade

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.