Magic Candles is a new product that allows you to identify the current market phase (uptrend, downtrend or flat).

This indicator paints the bars in different colors depending on the current state of the market and signals the user about a change in the trend with an alert.

Magic Candles is perfect for trading currencies (including cryptocurrencies) and binary options.

• High signal accuracy.
• Suitable for scalping and intraday trading.
• The indicator never redraws.
• Simple indicator setup, minimum settings.
• It works on any financial instruments and markets.

When you change the color of the last candle from gray to red, you need to open a sell order (see screenshot #1).

When you change the color of the candle from gray to green, you need to open a buy order.

When a gray bar appears, you need to close open orders, as a flat is expected.

• Zone BUY – the color of the candlesticks to buy (green by default).
• Zone SELL – color of candles for sale (red by default).
• Neutral zone – flat color (gray by default).
• Body Width – the width of the candle body when displayed on the chart.
• Shadow Width – the width of the candle shadow when displayed on the chart.
• Alert – enable or disable the Alert. If true-enabled, false-disabled.
• Email – enables or disables sending messages to email. If true-enabled, false-disabled.
• Push – enables or disables sending messages to the mobile phone. If true-enabled, false-disabled.

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Evgeny Belyaev is a professional programmer and a successful trader.

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