MACD Candles is based on actual MACD indicator. It just helps you to visualize trends and their strength on the charts. You do not have to know how MACD works MACD Candles indicator does the calculations for you.
- Light green candles indicate strong bullish trend is present.
- Light red candles indicate strong bearish trend is present.
- Dark green and dark red candles indicate the market is not trending.
- Buy Signal: Wait for price bar to turn to light green.
- Sell Signal: Wait for price bar to turn to light green.
Download link: [MACD Candles v3 Indicator]