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HTF Candles MT4

HTF Candles MT4 is a mt4 indicator which plots the outline of the higher time-frame candles on the lower candle, including any MT5 higher time-frame chosen. The indicator plots only closed candles, with no lag or repainting.

Features

  • MT5 Period Candles: This indicator plots any mt5 time-frame candle e.g m12, m20... on the lower time-frame.
  • Heiken Ashi Options: You have the option to view the HTF Heiken ashi instead of the normal candleSticks.

  • No objects drawn on chart: The indicator does not plot any lines or rectangle objects on the chart, it simply draws the htf candles. This keeps your chart simple and clean.
  • MTF Selection: The indicator allows you to choose all the different higher time-frames for each lower period in one go, and goes changing accordingly.
  • ON/OFF Toggle: The indicator has a feature which allows you to hide/show the htf candles at any time with a keyboard shortcut of your choice which can be set via input.
  • Custom htf candle Colors: You can easily set the color of the bear and bull htf candle via input settings, to your color of choice.

Inputs Settings

Input item
Description of values or settings
HTF Candle Type
 Choose between Heiken ashi and norm Japanese candleSticks
Show Candles?
  Choose whether to [show both htf and lower candles, only htf candles, hide htf], by default.
Bearish Candle color
 Choose the color for the bearish candle
Bullish Candle color
 Choose the color for the bullish candle
htf candle width
 The width of the htf candle outline
M1 Higher Time-frame
 Choose the htf candle to be displayed on M1 time-frame
M5 Higher Time-frame
 Choose the htf candle to be displayed on M5 time-frame
M15 Higher Time-frame
 Choose the htf candle to be displayed on M15 time-frame
M30 Higher Time-frame
 Choose the htf candle to be displayed on M30 time-frame
.... etc
  Continue likewise for all the subsequent time-frames

More features will be added for this indicator. in subsequent updates. The price will increase accordingly, buy previous purchases will have benefit from the feature updates. Next price is $49.

If you would like custom adjustments, EA or another indicator based on this, please feel free to contact me.

The MT5 version may be got from here
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Version 1.2 2024.12.20
Added Option to have Heiken ashi candles instead of normal candles
Handled midnight missing bars on some brokers
More performance improvements
Increased price to $44