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HTF Candles Nika

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Published: 11 March 2026

Current version: 1.7

HTF Candles Nika

Indicators
Nik Andersen
Nik Andersen
Denmark

2161
Independent algorithmic trader and EA developer based in Denmark with 15 years of trading experience.
Creator of Nika EA — a professional multi-strategy Expert Advisor built on a proprietary signal engine with 12 signal types, 11 MA methods, and 15 layered risk management controls.

1 topic 3 comments
Version: 1.7
Updated: 11 March 2026

HTF Candles Nika overlays full-size candles from any higher timeframe directly onto your current chart in MetaTrader 5. It gives you a clear multi-timeframe view without leaving your chart.

Key Features

- Draws higher timeframe candles as filled rectangles with wicks on the current chart

- Supports standard candlestick and Heiken Ashi display modes

- Live countdown timer showing time remaining until the current HTF candle closes

- Customizable colors for bullish and bearish candles

- Auto or manual candle width control

- Configurable wick width, font, font size, and text position offsets

- Works on any symbol and any timeframe combination

- Detects session gaps and adjusts rendering automatically

- Lightweight — uses chart objects only, no indicator buffers

Input Parameters

Display Settings

- Max Lookback — number of HTF bars to draw (default: 500)

- Timeframe — higher timeframe to display (default: H1)

- Bars Mode — Candles or Heiken Ashi

Color Settings

- Up Color — color for bullish candles (default: DodgerBlue)

- Down Color — color for bearish candles (default: Red)

- Frame Color — color of the timeframe label (default: Red)

- Count Color — color of the countdown timer text (default: White)

Size and Layout

- Width Mode — Auto or Manual candle width

- Bar Width — manual body width, 1 to 6 (Manual mode only)

- Tail Width — wick line width (default: 2)

- X Offset — horizontal pixel offset for overlay text

- Y Offset — vertical pixel offset for overlay text

- Font — font for overlay text (default: Arial)

- Font Size — font size for overlay text (default: 12)

How to Use

1. Attach the indicator to any chart.

2. Set Timeframe to a value greater than or equal to your current chart timeframe.

3. Choose Bars Mode (Candles or Heiken Ashi).

4. Adjust colors and width to match your chart style.

5. The countdown timer updates every second and shows time until the next HTF candle closes.

Notes

- The selected higher timeframe must be greater than or equal to the current chart timeframe.

- In Manual width mode, Bar Width must be between 1 and 6.

- The indicator suppresses native chart candles to avoid overlap. They are restored automatically when the indicator is removed.

- MTF data must be available in the terminal history for the selected timeframe.

For the full setup guide, see the blog post linked in the comments.

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HTF Candles Nika

Nik Andersen

HTF Candles Nika overlays full-size candles from any higher timeframe directly onto your current chart in MetaTrader 5. It gives you a clear multi-timeframe view without leaving your chart.

Key Features

- Draws higher timeframe candles as filled rectangles with wicks on the current chart

- Supports standard candlestick and Heiken Ashi display modes

- Live countdown timer showing time remaining until the current HTF candle closes

- Customizable colors for bullish and bearish candles

- Auto or manual candle width control

- Configurable wick width, font, font size, and text position offsets

- Works on any symbol and any timeframe combination

- Detects session gaps and adjusts rendering automatically

- Lightweight — uses chart objects only, no indicator buffers

Input Parameters

Display Settings

- Max Lookback — number of HTF bars to draw (default: 500)

- Timeframe — higher timeframe to display (default: H1)

- Bars Mode — Candles or Heiken Ashi

Color Settings

- Up Color — color for bullish candles (default: DodgerBlue)

- Down Color — color for bearish candles (default: Red)

- Frame Color — color of the timeframe label (default: Red)

- Count Color — color of the countdown timer text (default: White)

Size and Layout

- Width Mode — Auto or Manual candle width

- Bar Width — manual body width, 1 to 6 (Manual mode only)

- Tail Width — wick line width (default: 2)

- X Offset — horizontal pixel offset for overlay text

- Y Offset — vertical pixel offset for overlay text

- Font — font for overlay text (default: Arial)

- Font Size — font size for overlay text (default: 12)

How to Use

1. Attach the indicator to any chart.

2. Set Timeframe to a value greater than or equal to your current chart timeframe.

3. Choose Bars Mode (Candles or Heiken Ashi).

4. Adjust colors and width to match your chart style.

5. The countdown timer updates every second and shows time until the next HTF candle closes.

Notes

- The selected higher timeframe must be greater than or equal to the current chart timeframe.

- In Manual width mode, Bar Width must be between 1 and 6.

- The indicator suppresses native chart candles to avoid overlap. They are restored automatically when the indicator is removed.

- MTF data must be available in the terminal history for the selected timeframe.

For the full setup guide, see the blog post linked in the comments.