LUCY Fixed Candle Colors

BULL and BEAR CHRONICLES BY LUCIFER – Fixed Candle Colors is a unique visual enhancement tool that colors each candle based on specific market behavior, helping traders quickly interpret price momentum and potential sentiment shifts.

🎨 Candle Color Logic:
🟡 Yellow Candle:

Current candle is bullish (close > open)

Previous candle was bearish (close[1] < open[1])
→ Suggests bullish reversal or breakout attempt.

✅ Green Candle:

Bullish candle (close > open)

Closes above previous high
→ Indicates strong upward momentum.

🔻 Red Candle:

Bearish candle (close < open)

Closes below previous low
→ Suggests strong bearish pressure.

🔵 Blue Candle:

Bearish candle (close < open)

Volume is 1.5x greater than previous candle
→ Highlights high-volume sell-off, often seen in panic selling or breakdowns.

⚙️ Use Case:
This color-coded system acts as a psychological and technical cue, useful for:

Spotting momentum shifts

Identifying exhaustion or volume spikes

Enhancing trend continuation or reversal signals

🧠 Best For:
Price action traders

Volume/momentum traders

Anyone who prefers clean, visual market storytelling over indicator clutter

🔥 Combine this script with the full BULL and BEAR CHRONICLES BY LUCIFER suite for a complete narrative-driven trading system.