🚀Momentum Candles

The Momentum Candles sit inside the oscillator panel and display the momentum strength of the current price action. They show whether momentum is strong and directional, or weak and choppy.

How to read the candles:

Color	Meaning
🟢 Green candle	Strong bullish momentum — price is pushing higher with conviction
🔴 Red candle	Strong bearish momentum — price is pushing lower with conviction
🟣 Purple candle	Weak/choppy momentum — potential reversal or consolidation zone

The Purple Candle (Weak Momentum)

The purple candle is a caution signal. When momentum weakens, it often means:

• The current trend is losing steam

• A reversal may be approaching

• Price is consolidating before the next move

Pro Tip: Purple candles appearing after a strong run of green or red candles are often early warning signs of a reversal. Pay close attention to what happens next.

Smart Reversal Mode

For advanced users, Smart Reversal Mode enhances the weak momentum detection with additional analysis including rate of change detection and volatility-adjusted thresholds. This catches more indecisive periods and provides earlier warnings.

Sensitivity settings:

• Low — Only flags very obvious chop (fewer purple candles)

• Medium — Balanced detection (recommended)

• High — More sensitive (more purple candles in ranging markets)

Settings

• Momentum Trend Candles — Toggle momentum candles on/off

• Smart Reversal Mode — Enable enhanced weak momentum detection

• Bull / Bear / Weak Colors — Full color customization