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Forex Robot

Candle Painter


Candle Painter combines 13 indexes and colours these candles according to their readings.

You can choose any the supplied indicators and follow the tendency or get warnings regarding overbought/oversold areas.

For oscillators, you can set the levels of uptrend and downtrend.

Oscillators with primary and sign lines, such as MACD, Stochastic and RVI, also have the option of following the trend by intersections.

Overbought/oversold levels are also drawn on top of candlesticks or disabled.

accessible indicators:

  • RSI
  • CCI
  • MACD (Histogram)
  • MACD (primary vs of the signal line)
  • OsMA
  • Stochastic (levels)
  • Stochastic (main vs of the signal line)
  • Williams ‘ Percentage Range
  • Momentum
  • DeMarker
  • The power index (Force Index)
  • Two moving averages
  • RVI
Example: select the RSI and set the RSI Period and RSI Price parameters.
Example: The average RSI line is 50.
Example: The Overbought value of the RSI indicator is usually 70, and the Oversold value is 30.

When you select the MACD/RVI/Stochastic Main vs Signal line, the candlesticks are colored according to the main and signal lines.

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Example: If the main line exceeds the signal line, uptrend candlesticks are displayed on top of the chart and vice versa.

Example: If the main line exceeds the signal line, uptrend candlesticks are displayed on top of the chart and vice versa.

If you have any questions or new ideas for the indicator, please contact me.

Thank you for your interest,

Ben Nicola



Free Download and Review Candle Painter from Fxbotreview.com/

About author

Oxford graduate with honors. He worked in large financial projects for well-known Wall Street corporations. After he earned his first capital and a reputation as a successful trader, he opened his own company. At the moment, the growth of the company's capital is 20% per year.
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