WATR Candles for Visualizing Indicator Trend Direction

Summary

WATR_Candles displays the WATR indicator as a sequence of candlesticks. The coloring distinguishes candles aligned with the indicator’s trend, shown brightly, from those moving against it, shown in darker tones. This presents trend direction in a chart-oriented visual format.

The description does not define the WATR calculation, specify how trend alignment is determined, or state entry and exit rules. It includes no trading results or evidence that the coloring improves decisions. The material is therefore a brief description of an indicator visualization, not a complete trading method.

Key ideas

• WATR is rendered as a sequence of candlesticks.
• Candles aligned with the trend use brighter coloring.
• Candles moving against the trend use darker coloring.
• The description provides no calculation details, trading rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.