MTF Floating Candles

MTF Floating Candles

See six timeframes at a glance — without ever changing charts.

MTF Floating Candles projects the candlesticks of up to six different timeframes directly onto your current chart, in dedicated columns that float to the right of live price. Read multi-timeframe structure at a single glance: no chart switching, no second monitor, no indicator stacking.

Whether you scalp M5 and want to confirm the M15/M30 trend, or trade H1 and need the H4/D1 bias in view, MTF Floating Candles keeps the higher-timeframe picture permanently visible alongside the action.

Why traders use it

  • Instant MTF context. Higher-timeframe structure is visible at all times, right next to price.

  • Zero chart clutter. Candles are drawn in clean, spaced columns — not overlaid on top of your live candles.

  • Fully customizable. Choose which timeframes to show, how many candles each, colors, spacing, and style.

  • Two candle styles. Classic filled bodies or hollow (outline) bodies — your choice.

  • Lightweight & responsive. Optimized redraw logic reuses chart objects instead of recreating them, so it stays smooth even in fast, volatile markets.

  • Works on any symbol and any chart timeframe. Forex, indices, metals, crypto — whatever your broker offers.

Key features

Feature Detail
Up to 6 timeframes Default set: M5, M15, M30, H1, H4, D1 — each individually enabled/disabled
Custom candle count per TF e.g. 12 M5 candles, 6 H1 candles, 3 D1 candles
Filled or hollow candles Classic solid bodies or hollow outline style
Custom colors Separate bullish / bearish / label colors
Adjustable placement Shift from price, spacing between candles, gap between timeframe groups
Uniform body width All candles drawn at the same visual width for a clean, readable look
Doji handling Correctly rendered as a thin horizontal line
Live intra-bar refresh Forming candles update in real time (configurable, 0 = new bars only)
Smart labels Each group labeled with its timeframe and candle count, auto-positioned above the wicks
Auto chart shift Optionally shifts the chart to make room for the floating candles
Clean unload Removes all its objects and restores your chart settings on removal

How it works

MTF Floating Candles anchors to the live last bar of your current chart. From there, it draws each enabled timeframe as its own group of candles, spaced out to the right of price:

  • Each group is labeled (e.g. M15 x12 , H1 x6 ).

  • Groups are separated by a small gap so timeframes never blend together.

  • The oldest candle of each group is on the left, the newest on the right — so the rightmost candle in every group is the current candle of that timeframe.

  • When a new bar forms on any timeframe, the affected group is redrawn automatically. (Use FULL Screen for best Results)

The result is a compact, readable "wall" of higher-timeframe candles sitting beside your live chart.

Inputs overview

Timeframe groups (1–6)
Each group has three inputs:

  • Show Timeframe N — on/off

  • Timeframe N — which timeframe to display

  • Number of Candles — how many candles to draw

Global settings

  • Shift from current price — how far right of the last bar to start drawing

  • Spacing between individual candles — horizontal gap between candles

  • Spacing between timeframe groups — gap between TF columns

  • Candle Body Width — uniform body width for all candles

  • Intra-bar refresh (ms) — live update speed; 0 = only on new bars

  • Candle Style — Filled or Hollow

  • Bullish / Bearish / Label colors

  • Label Font Size

Chart behavior

  • The indicator enables Chart Shift on load so empty space is available for the floating candles, and restores your previous chart shift setting automatically when removed.

Recommended setups

Scalper (M1/M5 chart)

  • TF1 M5 ×12, TF2 M15 ×12, TF3 M30 ×9, TF4 H1 ×6, disable TF5/TF6

  • Filled candles, tight spacing

Intraday swing (M15/H1 chart)

  • TF1 M15 ×12, TF2 M30 ×12, TF3 H1 ×9, TF4 H4 ×6, TF5 D1 ×3

  • Hollow candles for a lighter look

Position / swing trader (H4/D1 chart)

  • TF1 H4 ×12, TF2 D1 ×9, TF3 W1 ×6

  • Larger label font, wider spacing

Compatibility & notes

  • Platform: MetaTrader 5

  • Type: Chart window indicator (no buffers, no plotted lines)

  • Symbols: Any

  • Chart timeframes: Any

  • Max candles: up to 600 total across all enabled groups

  • No DLLs, no external dependencies, no repainting of historical MTF candles — it displays the actual OHLC of each timeframe as published by your broker.

Support

Questions, feature requests, or custom builds? Reach out via the MQL5 profile linked above.

If MTF Floating Candles improves your workflow, a review is greatly appreciated — it helps other traders find it.


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