MTF Fixed Candle Boxes

  • Indicators
  • Dragan Joksimovic
    Dragan Joksimovic
    MQL4 / MQL5 Expert Advisor and Indicator Developer
    I develop and test Expert Advisors, indicators and trading utilities for MetaTrader 4 and MetaTrader 5 based on clearly defined trading rules.
    My work includes:
    • Expert Advisors for MT4 and MT5
    • Custom indicators
  • Version: 1.0
  • Activations: 5

MTF Fixed Candle Boxes is a multi-timeframe chart visualization indicator for MetaTrader 4.

The indicator displays High, Low and optional Middle levels of M1, M5, M15, M30, H1 and H4 candles directly on the active chart. It helps traders observe multi-timeframe candle structure without switching between several charts.

Main features:

  • Multi-timeframe candle boxes on one MT4 chart

  • Supported timeframes: M1, M5, M15, M30, H1 and H4

  • High and Low levels for each selected candle

  • Optional Middle line for each box

  • Dynamic update of the current forming candle

  • Separate BarsBack settings for each timeframe

  • Separate color settings for each timeframe

  • Separate line width settings for each timeframe

  • Optional timeframe text labels

  • Lightweight visual indicator

  • No trading operations

Input parameters:
ShowM1, ShowM5, ShowM15, ShowM30, ShowH1, ShowH4 - enable or disable candle boxes for each timeframe.

BarsBackM1, BarsBackM5, BarsBackM15, BarsBackM30, BarsBackH1, BarsBackH4 - set how many historical candle boxes are displayed for each timeframe.

M1Color, M5Color, M15Color, M30Color, H1Color, H4Color - set the line color for each timeframe.

M1LineWidth, M5LineWidth, M15LineWidth, M30LineWidth, H1LineWidth, H4LineWidth - set the line width for each timeframe.

ShowMiddleLine - enable or disable the middle line of each candle box.

MiddleLineWidth - set the width of the middle line. A value of 1 is recommended for dashed lines.

MiddleLineStyle - set the line style of the middle line.

ShowText - show or hide timeframe labels on the chart.

Important:
This product is a visual indicator only. It does not provide financial advice, does not open trades, does not close trades and does not guarantee trading results. The user is responsible for all trading decisions.

Custom MT5, MQL5 and Expert Advisor versions can be discussed through the MQL5.com messaging system or MQL5 Freelance.


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