HTF Candle Projection by @TATraderSid(The Journal App Team)

31 Tem

HTF Candle Projection Indicator
Overview
A professional multi-timeframe analysis tool that projects Higher Timeframe (HTF) candles onto lower timeframe charts with real-time countdown timer and optional zone highlights.

Key Features
📊 HTF Candle Projection
Visual HTF Candles: Projects last 2-3 HTF candles as transparent boxes with wicks

Color Coding: Green for bullish, red for bearish candles

Configurable Offset: Positions candles to the right of current price action

Clean Design: Minimal chart clutter with professional appearance

⏰ Real-Time Timer Box
Live Countdown: Shows time remaining until next HTF candle close (MM:SS format)

Symbol Display: Current trading pair (e.g., BTCUSDT)

Timeframe Model: Shows current TF to HTF relationship (e.g., 15m–60m)

HTF Bias: Real-time bullish/bearish/neutral bias indication

Top-Right Position: Fixed position that doesn't interfere with chart analysis

🎯 Optional Features
Session Zones: Previous day high/low shaded areas

HTF Levels: Optional HTF high/low reference lines (disabled by default)

Risk/Reward Framework: Structure for manual trade planning

Settings
Main Configuration
Higher Timeframe: Select HTF (default: 60 minutes)

Number of HTF Candles: Display 1-5 historical candles

Offset Bars: Distance from current price action

Show Timer Box: Toggle countdown timer display

Show Session Zones: Optional support/resistance zones

Display Options
Show HTF Levels: Toggle HTF high/low reference lines

Color Customization: Bullish/bearish candle colors

Transparency Settings: Adjustable candle body transparency

Best Use Cases
Multi-Timeframe Analysis
Scalping: Use 5m/15m charts with 1H/4H HTF candles

Swing Trading: Use 1H/4H charts with daily/weekly HTF candles

Trend Confirmation: Align lower TF entries with HTF direction

Timing Entries
HTF Candle Closes: Time entries around HTF candle completions

Bias Changes: Monitor HTF bias shifts for trend changes

Support/Resistance: Use projected HTF levels for key zones

Technical Specifications
Pine Script v6: Latest TradingView scripting version

Real-Time Updates: Uses request.security() for precise HTF data

Performance Optimized: Efficient rendering with minimal resource usage

Cross-Timeframe Compatible: Works on all timeframe combinations

Installation & Usage
Add indicator to chart

Select desired Higher Timeframe

Adjust number of candles and offset

Enable timer box for countdown functionality

Optionally enable session zones and HTF levels

Recommended Settings
For Scalping: 15m chart with 60m HTF, 3 candles, 10 bar offset

For Swing Trading: 1H chart with 240m HTF, 2 candles, 15 bar offset

For Position Trading: 4H chart with 1D HTF, 3 candles, 20 bar offset

Perfect for traders who need precise multi-timeframe analysis with professional visual presentation and real-time timing information.

1 Ağu

Sürüm Notları

Fix bugs related to printing of old candles