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TIL Timeframe Overlay

The TIL Timeframe Overlay indicator is the perfect tool for multiple timeframe analysis. It does the simple yet powerful task of overlaying a candlestick chart of a different timeframe over another allowing you to see the BIGGER picture and see the underlying TREND amid the noise and volatile price action. Please see the screenshots below for examples.

Features:

  • It works in ALL timeframe.
  • It works in ANY instrument/symbol.
  • Displays ENTIRE candlesticks (body and wick) of other timeframes including OPEN, HIGH, LOW, and CLOSE prices.
  • You can choose ANY timeframe to overlay.
  • Of course, the indicator does not repaint. It displays a new candlestick as new ones close (in real time) depending on the chosen timeframe.
  • The colors of the candlesticks can be customized.

A few notes:

  • Please make sure that the timeframe you choose to overlay is LARGER than the chart you are attaching it to.
  • Due to the limitations of MQL objects, you can only properly use one instance of this indicator at a time.
  • The indicator displays candlesticks only when it is closed.
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Dmitriy Kashevich
El MT4 ilimitado es un indicador universal adecuado para todos los operadores principiantes y experimentados. funciona en todos los pares de divisas, criptomonedas, acciones en bruto MT4 ilimitado: ya está configurado y no requiere configuración adicional Y ahora lo principal ¿Por qué MT4 ilimitado? 1 falta total de redibujo 2 dos años de pruebas por los mejores especialistas en comercio 3 la precisión de las señales correctas supera el 80% 4 tuvo un buen desempeño en el comerci
The Pairs Spread indicator has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities.  How to use the Pairs Spread indicator Best results are attained wh
Por supuesto, aquí tienes la traducción al español: Presentamos el Indicador de Astronomía para MT4: Tu Compañero Celestial Definitivo en el Trading ¿Estás listo para elevar tu experiencia de trading a alturas celestiales? No busques más allá de nuestro revolucionario Indicador de Astronomía para MT4. Esta innovadora herramienta trasciende los indicadores de trading tradicionales, aprovechando el poder de algoritmos complejos para proporcionarte una visión astronómica sin igual y cálculos de pre
Otros productos de este autor
As the name implies, TIL Daily OHLC is a simple, straightforward yet effective tool to keep track of yesterday’s last Open, High, Low and Close prices. Any experienced trader knows the importance of these price levels – they are often used to navigate and predict the current day’s trend and price action as strong support and resistance. When applied to a chart, the indicator shows 4 plots that projects the 4 price levels from the previous day to the next one. Each price level is color coded and
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TIL New Bar Timer executes one simple yet very powerful task - it displays the time left before a new bar forms in any timeframe. With this indicator, you can effectively prepare to enter or exit trades in most occasions, as TIMING IS EVERYTHING. TIL New Bar Timer also changes color gradually as the timer ticks down to zero. This helps the user to estimate quickly how much time there is left in one glance. There are basically three colors that the timer changes to: Red - this means that a new ba
Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows: A technical analysis indicator used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate ongo
TIL Currency Performance Meter is an intuitive technical indicator for quantifying and visualizing the current momentum and relative strength of the eight major currencies, namely: USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD, on all timeframes. This is achieved by calculating and consolidating the price percent changes of 28 currency pairs from a certain point in time. The indicator generates a chart wherein each currency is represented by a color-coordinated bar that either shoots up or drops do
TIL Multi RSI indicator applies RSI to 28 currency pairs all at once and displays the most current signal of each one in a two-column list. The currency pairs involved are the combinations of the eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD). All the currency pairs are sorted automatically from the one with the highest signal down to the one with the lowest signal in a two-column list starting from the top left to the bottom right. Just a quick recap on what the Relative St
The Doji candlestick pattern is characterized by one that has its open and close prices nearly (if not exactly) equal and resembles the shape of a cross. It is often regarded as a sign of indecision and is especially significant if seen in a down trend or up trend, which potentially signals that sellers or buyers are losing conviction. The TIL Doji Price Action finds and marks all Doji candlestick patterns and intelligent approximations thereof. In addition, it predicts the direction of price wi
Fibonacci retracement is one of the most reliable and used technical analysis tools for trading. It uses the so called “golden ratio” to predict certain levels of support (price movement reverses from downward to upward) and resistance (price movement reverses from upward to downward) which is a mathematical pattern seen through out nature and even the universe. Because so many traders make use of this trading strategy and watch these price levels, more often than not the Fibonacci levels become
Trading Indicator Lab’s Trend Navigator for MT4 is an indicator that can help you reveal the underlying trends in any chart on any timeframe. Determining Trends It only takes a minute or two to analyze the indicator with its simple yet insightful methods of representing bullish, bearish and ranging price action across the chart. It forms a single line that runs in 3 directions: Upward direction – represents a significant bullish price action Horizontal direction – represents ranging price action
Trading Indicator Lab’s Candle Volume Heatmap for MT4 merges volume with price by applying gradient-colored dots on the bars. It can also detect bars that have the most volume and the least volume. Gradient Coloring When applied to a chart, the Candle Volume Heatmap indicator applies colored dots to each bar which may vary according to its volume. The chart becomes a heatmap where you can easily spot which parts of the bar history are “hottest” or the bars that had the greatest number of volume
Trading Indicator Lab's Volume by Price is a volume-based indicator for MT4 that reveals price levels with the most and least volume for each bar within a given period. How It Works You can think of the indicator as a running volume profile that displays the most voluminous price level and the price level that has the least volume. For each bar, the indicator calculates the volume vertically in the price axis. As this is calculated, the indicator creates 2 signals: (1) a large red dot which repr
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Versión 1.1 2021.11.21
Recompiled for newer MT4 builds