OldTimeFrame

Indicator "HTF Candles Overlay"

This indicator is designed to display higher timeframe candles directly on the working chart. It allows traders to quickly analyze higher periods without switching charts, significantly facilitating trading decisions.

Key Features:

  • Higher Timeframe Candles Visualization:

    • Displays candles from higher periods as horizontal lines of opening and closing directly on the current chart.

    • Supports any timeframe higher than the current one.

  • Customizable Historical Depth:

    • Ability to choose the number of days for which historical candles will be displayed.

  • Dynamic Updating:

    • Automatically updates when a new candle forms on the higher timeframe.

  • Visual Customization:

    • Separately customizable colors for bullish and bearish candles.

    • Adjustable line thickness for better visual perception.

Input Parameters:

  • HigherTF — Selection of the higher timeframe (default is H1).

  • DaysBack — Number of historical days to display (default is 5).

  • BullColor — Line color for bullish candles.

  • BearColor — Line color for bearish candles.

  • LineWidth — Line thickness for convenient visualization.

Application:

This indicator is beneficial for traders utilizing multi-timeframe analysis. It can be effectively used for:

  • Identifying major support and resistance levels.

  • Determining the higher timeframe trend.

  • Simplifying visual analysis for strategies based on candle patterns from higher timeframes.

Add "HTF Candles Overlay" to your toolkit and enhance your trading decisions!


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FX Levels MT5
Daniel Stein
5 (14)
Indicators
FX Levels: Exceptionally Accurate Support & Resistance for All Markets Quick Overview Looking for a reliable way to pinpoint support and resistance levels across any market—currencies, indices, stocks, or commodities? FX Levels merges our traditional “Lighthouse” method with a forward-thinking dynamic approach, offering near-universal accuracy. By drawing from real-world broker experience and automated daily plus real-time updates, FX Levels helps you identify reversal points, set profit targe
Trend Forecaster
Alexey Minkov
5 (7)
Indicators
Trend Forecaster – Since 2023. The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time
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