CRT Pro MT4 Candle Range Theory
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CRT Pro
WHAT PROBLEM DOES CRT PRO SOLVE?
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When trading on low timeframes such as M1, M5, M15 or M30, it is
easy to lose sight of the broader market structure. CRT Pro solves this
by overlaying H1 candles and H4 High/Low range lines directly behind your
low timeframe chart, in real time, so you always know where the higher
timeframe market structure sits relative to current price — without
switching charts or opening multiple windows.
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ATTACHING THE INDICATOR
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1. Open the chart you want to trade on (M1, M5, M15, M30,
H1 or H4).
2. Drag CRT Pro from the Navigator panel onto the chart,
or double-click it.
3. The settings window will open. Adjust inputs as needed
(see INPUTS section below).
4. Click OK. The indicator draws immediately.
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TIMEFRAME BEHAVIOUR
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M1 / M5 / M15 / M30
H1 candle bodies and wicks are drawn behind your chart.
H4 High/Low range lines are drawn for each closed H4 bar.
This gives you full multi-timeframe context at a glance.
H1
Only H4 High/Low range lines are drawn.
H1 candles are not shown (you are already on H1).
H4
Only H4 High/Low range lines are drawn.
This lets you see the range boundaries of previous H4
candles directly on the H4 chart.
Above H4 (D1, W1, MN)
The indicator is inactive and draws nothing.
A notice is shown in the top-left corner of the chart.
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READING THE INDICATOR
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H1 Candles (visible on M1 – M30 only)
Semi-transparent candle bodies appear behind your live
price bars. Green-tinted bodies are bullish H1 candles;
pink-tinted bodies are bearish H1 candles. Wicks are also
drawn so you can see the full H1 range including spikes.
These candles update in real time as each H1 bar forms.
H4 Range Lines (visible on M1 – H4)
Each closed H4 candle produces two horizontal dashed lines:
- Red line = High of that H4 candle
- Blue line = Low of that H4 candle
The lines span exactly the duration of their H4 candle,
from its open time to the next H4 open time.
Exception: the most recent closed H4 range extends its
lines forward past the current bar so the active range
is always visible on screen.
Price Labels
When labels are enabled, each H4 High and Low line shows
its exact price value at the right end of the line:
H4 High 1.23456 — the High of that H4 candle
H4 Low 1.23400 — the Low of that H4 candle
Labels update automatically when a new H4 bar closes.
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INPUTS / SETTINGS
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H4 RANGE SETTINGS
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H4 ranges to show: Number of closed H4 candles to draw ranges
for. Default: 1. Increase for more history,
decrease to keep the chart clean.
H4 High line color: Color of the H4 High line.
Default: Red.
H4 Low line color: Color of the H4 Low line.
Default: Blue.
H4 Line width: Thickness of the H4 range lines (1–5).
Default: 2.
Show price labels: Show or hide the price value labels at the
right end of each H4 range line.
Default: true (labels visible).
Label font size: Font size of the price labels.
Default: 9.
H1 CANDLE SETTINGS
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H1 bullish candle color: Fill color for bullish H1 candle bodies.
Default: pale green C'221,255,221'.
H1 bearish candle color: Fill color for bearish H1 candle bodies.
Default: pale pink C'255,221,227'.
H1 candles to show: Number of H1 candles to draw.
Default: 48 (two full days of H1 candles).
Draw H1 candles behind price: When true, H1 candles are drawn behind the
live price bars so they do not obstruct your
chart. Recommended: true.
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NOTES
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- All drawn objects are automatically removed when the
indicator is deleted from the chart or the chart is closed.
- If the indicator is placed on two charts of different
timeframes simultaneously, each instance operates
independently with no conflict.
- Historical H1 and H4 data must be loaded in your terminal
for the indicator to draw correctly. If lines or candles
are missing on first load, scroll the chart back and forward
once to trigger MT4/MT5 to download the required history.
