HTF Candle overlay

dün

Overview
This Pine Script indicator overlays three separate Mini Charts onto the right side of your main chart area. These mini charts display price action from Higher Timeframes (HTF), allowing traders to monitor multi-timeframe market structure and trends without switching screens. Each mini chart is overlaid with up to 5 customizable EMA (Exponential Moving Average) Clouds.

Key Features
1. Three Independent Mini Charts

• Users can select three distinct higher timeframes (e.g., 1 Hour, 4 Hours, 1 Day).
  
  
• The script automatically checks to ensure the selected timeframe is higher than the current chart's timeframe.
  
  
• Displays up to 10 historical candles per mini chart (limited to optimize Pine Script drawing resources).
  

2. Smart Data Handling (RTH vs. ETH)

• Daily, Weekly, Monthly: For timeframes of 1 Day or higher, the script forces Regular Trading Hours (RTH) data. This ensures daily candles look standard and aren't distorted by pre/post-market low volume ticks.
  
  
• Intraday (e.g., 1H, 4H): For timeframes below 1 Day, the script uses Extended Trading Hours (ETH) data, ensuring you see the full picture of pre-market and after-hours moves.
  
  
• Ticker Cleaning: The script automatically sanitizes ticker IDs to prevent "Symbol Resolve Errors" when used on charts with complex session settings.
  

3. Comprehensive EMA Clouds

• 5 Customizable Clouds: Each mini chart can display up to 5 different EMA Clouds (pairs of Short and Long Moving Averages).
  
  
• Full Color Control: Users can individually customize:
  
  
• Line Colors: Distinct colors for Short and Long EMA lines.
  
  
• Cloud Fill: Distinct colors and transparency for Bullish and Bearish trends.
  
  
• Toggle Visibility: Each of the 5 clouds can be turned On or Off via settings.
  
  
• Source Selection: Users can calculate EMAs based on Close, Open, High, Low, HL2, HLC3, or OHLC4.
  

4. Custom Visuals & Positioning

• Candle Aesthetics: Users can define Bull/Bear candle colors, transparency, and Candle Width (thickness).
  
• Positioning:
  

  Horizontal Offset: Shift the entire dashboard left or right to avoid overlapping with current price action.
  Spacing: Adjust the gap between the three mini charts.

• Assistance Lines: Optional Support/Resistance lines (Fibonacci or Range High/Low) can be drawn extending from the mini charts.
  
  

How it Works (Technical Summary)
The script utilizes request.security to fetch OHLC data and Moving Average data from the specified higher timeframes. It stores this data in Matrices and Arrays to manage history. It then uses Pine Script's line.new and label.new functions to manually draw the candles and EMA lines onto the main chart canvas, relative to the current bar_index. It includes logic to handle dynamic array resizing and garbage collection to stay within Pine Script's execution limits.

21 saat önce

Sürüm Notları

cover image updated

15 saat önce

Sürüm Notları

01/12/25:

Added feature:

• Capability to overlay other tickers by user input
  
• Capability to auto-scale the candles to the underlying ticker on the chart
  
• Label settings on chart
  

13 saat önce

Sürüm Notları

Update 01/12/25

Added current price label on the 3 charts. In the settings label type, font size and colour can be adjusted.

13 saat önce

Sürüm Notları

Updated cover image of indicator