informanerd

HTF Candles

This draws candlesticks from higher time frames on the current chart. I tried to keep the script simple using some newly introduced Pine capabilities.
To change the options like the higher time frame and candle colors, check the indicator settings.
Looking forward to your opinions!
リリースノート: - Fixed a bug related to the calculation of candle wicks position
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チャートでこのスクリプトを利用したいですか?

コメント

it's very cool
thank u
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informanerd eminserdarsengul
@eminserdarsengul, no problem
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I have added option to make any custom timeframe according to need. and i was looking for this from so long. Thanks a lot sir
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informanerd Prakarti31
@Prakarti31, Good luck!
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Great! Can you at alerts?
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@dpanday, Alerts on what?
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dpanday informanerd
@informanerd, On the color change. Or is it not reliable to trade on that?
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@dpanday, Obviously you could not trade on that. I suppose you are thinking about trend trading. In that case HTF candles could help you e.g in this scenario:
1. Confirm the trend by observing successive HH-HLs / LH-LLs on HTF (Higher Time Frame) candles.
2. Confirm the same trend direction by observing successive HH-HLs / LH-LLs on CTF (Current Time Frame) candles.
3. Trade immediately on the trend.
4. Ride the trend and only exit if you lose the signs (HH-HLs / LH-LLs).

So I think you could increase your success rate by using HTF candles, but not by trading only on them.
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dpanday informanerd
@informanerd, thanks for your answer
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Super amazing.
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