Author
Conor McnamaraPublished date
May 13, 2026
Providing a clearer view of market direction and price activity with candles that are painted by bullish momentum (green), bearish momentum (red), weak or no momentum (gray), and news impact/candle expansion (silver).
Bullish momentum = Green (0.0)
Bearish momentum = Red (1.0)
Weak momentum = Gray (2.0)
News impact (candle expansion) = Silver (3.0)
Default momentum period is 4 which finds sharp momentum changes
MSB Pro ALGO Position Risk Monitor is a free visual risk monitoring indicator for MetaTrader 5. The indicator analyzes currently open positions and displays their stop loss risk di...
MSB Pro ALGO Neon Account Dashboard is a free visual account monitoring panel for MetaTrader 5. The indicator displays important account and trading information directly on the cha...
The horizontal axis represents Renko sequence rather than time. The internal builder uses incoming BID ticks and the classic two brick reversal rule. The Donchian Channel is causal...