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Candle Highlighting

To help traders visualize trends more clearly, we provide two main unique candle coloring techniques. The first is Trend Gradient.

Trend Gradient​

The Trend Gradient applies a gradient color to the bars, ranging from green (in an uptrend) to red (in a downtrend).

A strong green color implies that the market is heavily uptrending, while a more mild green/purple suggests that the market is weaker or ranging. A strong red color indicates that the market is heavily downtrending, and a more mild red/purple suggests a weaker trend or, again, a ranging market.

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Trend Gradient with clean color transitions displaying trends

The disadvantage of the gradient mode is that there are no distinct boundaries, making it harder to use for rule-based trading. However, its strengths lie in the clarity it can provide to a user's chart. A clean, simple gradient at a glance can give an easy overview of the market's state. ChartPrime has designed this gradient to draw traders' attention to more important and notable price action, helping them focus on relevant market points rather than market chop.

Trend Static​

The Trend Static mode takes a more straightforward approach. Using only green and red colors (green for uptrend and red for downtrend) allows traders to see the market's trend clearly. This provides fixed boundaries and color changes based on trend direction, making it better for rule-based trading. However, this mode may struggle in ranging markets with no defined trends.

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Trend Static with only red and green bars giving a clear indication of trends

This color mode would be more useful as part of a larger system.

Therefore

Candle colors are generally best used as assistive tools.

Volume Gradient​

The Volume Gradient mode focuses on higher volume bars. This mode calculates bull and bear volume in real-time and highlights the candles that have significant volume while also exhibiting strong bullish volume.

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Volume Gradient with purple candles highlighting high volume bars

These candle coloring modes are all explained in this video: