Cuban's Candle Colouring

Using a complex combination of bullish/bearish candle structure (such as engulfings and breakouts) and moving averages, this indicator attempts to illustrate weakness and strength within a trending market.

Included are labels that highlight important breaks of micro structure levels.

The beauty of this script lies in the discretionary trading of 'mid-candle' colour changes, giving the trader a simple micro structure bias.

The white ( bullish ) and dark red ( bearish ) colours are the higher confluence indications of candle structure breakout and breakdown, with the grey (semi-bullish) and pink (semi-bearish) showing trend weakness.

הערות שחרור:

• Pine runtime fix
  

הערות שחרור:

• Extended max bars back