The indicator colors candlesticks in the direction of the trend. This is
similar to the popular Heiken
Ashi.
It is easier to analyze it than the classic Japanese candlesticks.
Together with
the trend indicator, you can use it as a simple strategy. It is included in the set of
indicators of the Argo–Trix strategy. The screenshot shows it together with the SATL indicator. In the settings, only
the calculation period is changed, which affects its delay.