OPEN-SOURCE SCRIPT
MergedCandles_Ver1[VNFlow]
📌 Indicator Name: "Merged Candles [VNFlow]"
🔍 Overview:
This indicator displays merged higher-timeframe candles (HTF) directly on lower-timeframe charts. It helps visualize broader market structure and potential support/resistance zones.
🧠 Key Features:
• Auto Timeframe Detection: Automatically selects suitable HTF based on current chart (e.g., 1D → 1W, 1W → 1M).
• Custom Range Modes: Choose between:
o High/Low range
o Accurate range using previous close
o Heikin Ashi range
• Dynamic Box Visualization: Candles are drawn as colored boxes for easy interpretation:
o Green for bullish, red for bearish
o Real-time updating for the current candle
• Customizable Colors & Borders
• Supports All Markets (Stocks, Futures, Crypto, etc.)
🎯 Ideal for:
Smart Money Concepts (SMC), Wyckoff, swing trading, and multi-timeframe analysis.
=====
Email: hasobin@outlook.com
🔍 Overview:
This indicator displays merged higher-timeframe candles (HTF) directly on lower-timeframe charts. It helps visualize broader market structure and potential support/resistance zones.
🧠 Key Features:
• Auto Timeframe Detection: Automatically selects suitable HTF based on current chart (e.g., 1D → 1W, 1W → 1M).
• Custom Range Modes: Choose between:
o High/Low range
o Accurate range using previous close
o Heikin Ashi range
• Dynamic Box Visualization: Candles are drawn as colored boxes for easy interpretation:
o Green for bullish, red for bearish
o Real-time updating for the current candle
• Customizable Colors & Borders
• Supports All Markets (Stocks, Futures, Crypto, etc.)
🎯 Ideal for:
Smart Money Concepts (SMC), Wyckoff, swing trading, and multi-timeframe analysis.
=====
Email: hasobin@outlook.com
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.