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Enhanced Candlesticks

This chart style plots candlesticks with four different colors instead of two.

  • Red Bars: Close lower than open and current volume is higher than previous bar volume (volume increasing)
  • Light Red Bars: Close lower than open and volume decreasing
  • Green Bars: Close higher than open and volume increasing
  • Light Green Bars: Close higher than open and volume decreasing

The purpose is to highlight bars with stronger bullish or bearish moves that were accompanied by an increase in the trading volume.

Enhanced Candlesticks

Enhanced Candlesticks

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