OPEN-SOURCE SCRIPT

ICT Trend Candles [KTY]

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ICT Trend Candles Indicator


[ Overview ]

This indicator colors candles based on market structure direction.

Candle colors change when BOS (Break of Structure) or CHoCH (Change of Character) occurs, allowing you to quickly identify the current trend direction.


[ Key Features ]

Structure-Based Coloring
- Bullish structure break → Candles turn bullish color
- Bearish structure break → Candles turn bearish color
- Color changes at trend shift points

Two Structure Options
- INTERNAL: Short-term structure based, faster color changes
- EXTERNAL: Long-term structure based, slower but more reliable


[ How to Use ]

1. Select structure type (INTERNAL or EXTERNAL)
2. Watch for candle color changes to identify trend shifts
3. Combine with other ICT concepts (OB, FVG, Liquidity) for confluence

Pro Tips:
- Use INTERNAL for scalping and short-term trading
- Use EXTERNAL for swing trading and position trading
- Color change after liquidity sweep = high probability reversal signal


[ Settings ]

Show Trend Candles: Toggle candle coloring on/off
Structure Type: Select INTERNAL or EXTERNAL
Bullish Color: Color when in bullish structure
Bearish Color: Color when in bearish structure


[ Notes ]

This indicator is designed for educational purposes.
Color change does not guarantee trend reversal.
Always combine with proper risk management.


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