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The four candles represent the four weeks of Advent. A tradition is that each week represents one thousand years, to sum to the 4,000 years from Adam and Eve until the Birth of the Savior. Three candles are purple and one is rose.
Green candles are bullish, red are bearish, and blue is neutral. The color-coding of the candles are based upon where each candle closes: above the 34 period EMA high is green, below the 34 period EMA low is red, and between the 34 period EMA high and 34 period EMA low is blue.Download GRaB Candles Indicator. Posted by Phe Ca at 4:10 AM.reen candles are bullish, red are bearish, and blue is neutral. The color-coding of the candles are based upon where each candle closes: above the 34 period EMA high is green, below the 34 period EMA low is red, and between the 34 period EMA high and 34 period EMA low is blue.