Candle Dots & Trend Coloring

• EZ Trend Candle Dots: Toggle to enable/disable dots

• Colors: Customize colors for bullish and bearish dots

⚙️ Settings

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Candle Dots provide additional confirmation of trend direction directly on price candles.

Candle Dots 🟢🔴

🔍 How to Interpret Candle Dots

• Green Dot (below candle): Indicates strong bullish momentum

• Red Dot (above candle): Indicates strong bearish momentum

• No Dot: Potential reversal or transition phase

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🧠 Practical Usage

• Use dots as entry triggers when they align with the EZ Trend line

• Green dots + green trend line = stronger bullish signal

• Red dots + red trend line = stronger bearish signal

• The first appearance of a dot often marks the beginning of a new trend

• Absence of dots after a series can signal potential trend exhaustion

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🖍️ Color Bars

EZ Trend can color chart candles based on trend conditions for enhanced visualization.

Color Bars based on EZ Trend Dots, It gives a better visual of the current price action : Toggle to enable/disable colored candles Colors: Customize bullish, bearish, and reversal candle colors

🔍 How to Interpret:

🟩 Green Candles: Strong uptrend with multiple confirmations 🟥 Red Candles: Strong downtrend with multiple confirmations 🟪 Purple Candles: Potential reversal or trend change occurring

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🛠️ Practical Usage:

• Use colored candles to quickly identify overall market structure

• A series of same-colored candles indicates a strong trend

• Mixed colors or frequent changes suggest uncertainty

• ✅ For best results, disable candle borders in your TradingView chart settings