Mql5官网 VSAs Candle Color Signal 外汇EA

The indicator paints the candlesticks in colors of volumes depending on the market situation. Along with candlestick coloring, you will receive alerts in the form of a regular alert.

• Red candles indicate the end or beginning of a downtrend or the end of a correction during an uptrend.
• Green candles mean the beginning or end of an uptrend or the end of a correction during a downtrend.
• Yellow candles represent the lack of interest on the market and a possible beginning of a flat.
• Blue ones have an above-average volume and a below-average candle size, which is typical for the end of the trend or for strong support/resistance levels. They are also called “squat” bars.
• Purple candles indicate a rapidly increasing volume and size. They occur when the flat boundaries are tested, albeit rarely.
• Yellow dots above a candle High means that its volume is lower than that of the previous one, while a blue dot under a Low indicates a volume lower than the previous one.
• Gray areas marks the zones where the volumes are below the average, defined by the ‘MAPeriod’ parameter.

Settings

• LookBack – the number of bars to compare.
• Trending – additional analysis.
• Number Of Bars – the number of bars for calculation. If 0, all bars in history.
• MA Period – period for calculation of the average volume.

Color Settings – bar coloring.

Alert Settings

• Alert on color – alerts for color change.

List of possible alerts (Alert on color – ON)

• MA Cross UP Alert – alert if the UP volume is higher than the average value defined by the ‘MA Period’ parameter. Does not depend on ‘Alert on color’.
• Pop-Up Alert – alert in a pop-up dialog box.
• Push Notification Alert – push notification.
• Email Alert – Email notification.
• Sound Alert – sound only (Alert on color – OFF).
• Sound File – name of the sound file.