Movment

The indicator paints bars in different colours depending on the direction of the price movement (red – up, blue – down).

The direction is determined according to the price movement by the number of points specified in the ‘Points’ variable. During a movement in the opposite direction, the saturation of the colour is reduced according to the rollback value. Apart from the main colour, there are three additional colour gradations: at a rollback of 1/4 of the ‘Points’ value, 1/2 and 3/4. A rollback to a ‘Points’ value means a change in the price movement direction, in this case, the indicator is painted to the main colour of the opposite direction.