informanerd

HTF Candles

This draws candlesticks from higher time frames on the current chart. I tried to keep the script simple using some newly introduced Pine capabilities.
To change the options like the higher time frame and candle colors, check the indicator settings.
Looking forward to your opinions!
Notas de Lançamento: - Fixed a bug related to the calculation of candle wicks position
Script de código aberto

No verdadeiro espírito TradingView, o autor deste script o publicou com código aberto, para que os traders possam compreendê-lo e verificá-lo. Um brinde ao autor! Você pode usá-lo gratuitamente, mas a reutilização deste código em uma publicação é regida pelas Regras da Casa. Você pode favoritá-lo para utilizá-lo em um gráfico.

Quer usar esse script no gráfico?

Comentários

Amazing work, I recommend this one to everyone. I tested the candles to see if they are accurate and they are all perfect. Great example of box.new and using an array of boxes as well.
Resposta
informanerd LudaCode
@LudaCode, thanks a lot!
Resposta
it's very cool
thank u
Resposta
informanerd eminserdarsengul
@eminserdarsengul, no problem
Resposta
I have added option to make any custom timeframe according to need. and i was looking for this from so long. Thanks a lot sir
Resposta
informanerd Prakarti31
@Prakarti31, Good luck!
Resposta
Great! Can you at alerts?
Resposta
@dpanday, Alerts on what?
Resposta
dpanday informanerd
@informanerd, On the color change. Or is it not reliable to trade on that?
Resposta
@dpanday, Obviously you could not trade on that. I suppose you are thinking about trend trading. In that case HTF candles could help you e.g in this scenario:
1. Confirm the trend by observing successive HH-HLs / LH-LLs on HTF (Higher Time Frame) candles.
2. Confirm the same trend direction by observing successive HH-HLs / LH-LLs on CTF (Current Time Frame) candles.
3. Trade immediately on the trend.
4. Ride the trend and only exit if you lose the signs (HH-HLs / LH-LLs).

So I think you could increase your success rate by using HTF candles, but not by trading only on them.
Resposta