The Candle colours are as follows\u2026<\/p>\n
- \n
- Light Blue<\/strong>\u00a0for an UPTREND (Candle is above both Blue MA lines).<\/li>\n
- Light Pink<\/strong>\u00a0for a DOWNTREND (Candle is below both Red MA lines).<\/li>\n
- Candle is\u00a0Black<\/strong>\u00a0when the MA line colours are not in sync (i.e. one Blue and one Red).<\/li>\n<\/ul>\n
Ideally, when the Candles are in an UPTREND then you want to be trading Above the Gold colour Daily Open line and when the Candles are in a DOWNTREND you want to be trading Below the Gold Daily Open line.<\/p>\n
The Large background Candles on the 1hr chart shows the Daily Candle movement.<\/p>\n
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- Light Pink<\/strong>\u00a0for a DOWNTREND (Candle is below both Red MA lines).<\/li>\n