Trending Candles

The Trending Candles feature on SimpleAlgo is the perfect tool for beginner traders. It is the most simplified way to view charts. A change in the candle color means a change in the trend. If the market is in an uptrend the candles will be green. If the market is in a down trend the candles will be red. If the market is neutral/sideways the candles will turn purple. You can use this feature to help you get in and out of trades and as confirmation. For example, if a candle turns green it may be an indication that the market is about to have a strong up trend.