BirdsEyeView

BirdsEyeView is a MetaTrader 5 indicator that overlays up to three higher-timeframe candles on the current chart. It displays candle bodies, wicks, optional fills, countdown timers and optional analytical labels. It does not place or manage trades.

To set up, attach it to a lower-timeframe chart. Use Auto 3 Higher TF to select the next three available higher periods, or set TF1, TF2 and TF3 manually to distinct periods above the chart timeframe. For example, on M5 you can use M15, H1 and H4. Enable each required TF slot, then choose its Fill, Show Info/Data and wick options. The supplied settings enable TF2 and TF3 while TF1 is disabled. Show Labels and each slot’s Show Info/Data must be enabled to display its data.

Labels can show volume change from the preceding candle, detected candle patterns, candle-body momentum, upper/lower-wick imbalance and liquidity-side hints. Momentum is the candle body as a percentage of its range. Power and liquidity labels are candle-shape calculations, not measurements of actual buy/sell orders or the order book.

Next Bar Chance uses historical transitions between bullish and bearish candles. Probability Model selects a simple model or one grouped by body size relative to Average True Range (ATR). Next Per Bar Lookback sets the sample window; Probability ATR Period controls the ATR calculation. AUTO inverted Next% if needed can reverse the model’s directional output based on an in-sample check. These percentages are model estimates, not verified forecast accuracy or probabilities of profitable trades.

Draw FVGs enables three-candle fair-value-gap zones, with optional labels and midlines that stop extending when price touches the midpoint. Show PO3 enables a Power of Three analysis on the highest selected timeframe: an initial seed range, its first break and a projected level. PO3 Seed %, Min Break Points and Target Mult control this calculation. Its displayed historical win statistic compares the derived directional bias with candle closing direction; it is not a trading-system return or live trading record.

For an initial layout, use one or two overlays and enable extra labels gradually. Lookback Up to N Bars Drawing Limit and Fit To Visible Auto limit control history and chart load. Use theme, fill and label-spacing settings for readability. Load enough price history for the selected timeframes and statistical windows.

Use the overlays to compare lower-timeframe price action with higher-timeframe bodies, wicks and ranges. A break or retest of an overlay boundary can be studied alongside your own entry rules; labels and projected levels are not automatic trade instructions. Forming candles, timers and current statistics update as data arrives, and historical statistics depend on the selected sample. Wait for the relevant candle close when your method requires confirmation, define risk independently and test on a demo account. Support is available through product comments or MQL5 messaging.