OPEN-SOURCE SCRIPT
Rainbow Candles
Candles that cycle through the rainbow, just because it looks cool. No trading utility, no signal, doesn't predict anything — purely visual.
Two modes:
Time-based: the color loop always lasts the same real duration no matter the timeframe (default 120min = one full session = one full cycle)
Bar-based: loop tied to bar count, better for higher timeframes (H4/Daily)
Adjustable speed, saturation, brightness, and direction.
Made for fun, not for reading the market. Enjoy.
Two modes:
Time-based: the color loop always lasts the same real duration no matter the timeframe (default 120min = one full session = one full cycle)
Bar-based: loop tied to bar count, better for higher timeframes (H4/Daily)
Adjustable speed, saturation, brightness, and direction.
Made for fun, not for reading the market. Enjoy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.