OPEN-SOURCE SCRIPT
HTF Candle Display (Evolution FX)
HTF Candle Display (Evolution FX)
WHAT IT DOES
This tool overlays a **higher timeframe candle** (like Daily or Weekly) directly on your current lower timeframe chart (like 5m, 15m, 1h). It visually anchors current price action within its broader market context, ideal for traders using multi-timeframe confluence, liquidity mapping, or High-Timeframe-Based decision-making.
KEY FEATURES
HOW TO USE IT
USE CASES
WHAT IT DOES
This tool overlays a **higher timeframe candle** (like Daily or Weekly) directly on your current lower timeframe chart (like 5m, 15m, 1h). It visually anchors current price action within its broader market context, ideal for traders using multi-timeframe confluence, liquidity mapping, or High-Timeframe-Based decision-making.
KEY FEATURES
- Timeframe selection: Choose any higher timeframe (HTF) to display (e.g., D, W, M).
- Dynamic candle placement: Position the HTF candle overlay away from price action using distance presets: `Close`, `Near`, `Far`, `Very Far`.
- Adjustable thickness: Choose candle body width via `Thin`, `Thick`, or `Thicker` styles.
- Fully customisable visuals: Set custom colours for bullish and bearish candles, borders, wicks, and labels.
- Highlight box (optional): Display a semi-transparent box aligned to the HTF candle's real time span.
- Label with live countdown: Optionally show a floating label with timeframe info and time remaining in the HTF candle.
- Previous candle display: Toggle to show or hide the prior HTF candle for better comparison.
HOW TO USE IT
- Select your HTF (e.g., Daily) from the input dropdown.
- Use "Distance From Price Action" to shift the visual away from the candles for a cleaner layout.
- Adjust "Candle Width" to visually match your preferences.
- Optionally toggle:
- "Show Previous Candle"
- "Show Label"
- "Highlight Current Day Price Action Box" - Customise your **colour scheme** to match your charting setup.
- Recommended to use on charts like `15m`, `1h`, or `4h` for best visual clarity.
USE CASES
- HTF liquidity hunting
- Bias framing via daily/weekly structure
- Institutional-style trading models
- Scalping with macro trend context
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.