HTF Opens and PO3 Candles
- 指标
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Burak Koc
VexAlgo builds rule-based Expert Advisors for MetaTrader 5, with clear rules, defined risk and honest explanations. No martingale, no grid, no promises. Trading involves a risk of loss. Past results do not predict future results. - 版本: 1.0
- 激活: 10
HTF Opens and PO3 Candles puts higher timeframe information directly on your lower timeframe chart: the H1, H4, daily and weekly opening prices, and the higher timeframe candles drawn behind price.
What it shows
- Opening price lines for H1, H4, D1 and W1, each with its own color and on/off switch.
- Higher timeframe candles (H4 by default) drawn as transparent bodies and wicks behind the chart.
- For each closed higher timeframe candle, a label with its path: OHLC (high made before low) or OLHC (low made before high), measured from M5 data.
How it works
- Opens are fixed once the period starts. The current candle is redrawn as it forms; the path label is only given to closed candles.
- Works on any symbol. Best used on M1 to M15 charts.
Inputs
- Opens per timeframe on/off, number of opens, colors.
- Candle timeframe, number of candles, path labels, body and wick colors.
Limits. This is a visual tool. It does not predict prices, does not place trades and gives no guarantee of results. Levels and marks describe past price action only. Trading carries a risk of loss.
Other tools by the same author
- Session Liquidity Levels - Asian range, sweeps, midnight open, PDH/PDL and session VWAP.
- Candle Range Theory Levels - previous HTF candle range and sweeps.
- STDV Range Projections - range projections of a candle or session.
- Session Volume Profile POC VA - session volume profile with POC and value area.
- Rejection Blocks Zones - long-wick zones at swing highs and lows.
