INVITE-ONLY SCRIPT

4-Color Candlestick

38
4-Color Candlestick classifies each candle into a clear market regime, so you can instantly tell whether the market is worth attacking, managing, or avoiding.

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.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.