OPEN-SOURCE SCRIPT
1h Hollow Candle on 5m - SS
This indicator displays 1-hour candles on a 5-minute chart using a clean, minimal visual style designed for intraday traders who want to track higher-timeframe structure without cluttering the chart.
The higher-timeframe (HTF) candles are drawn as hollow outlines, which makes them easy to read while keeping the underlying 5-minute price action fully visible. Each 1-hour candle includes:
Wicks (high & low)
Open/close borders
Color-coded direction (green = bullish, red = bearish)
Transparent body so they never block real candles
This is ideal for traders who want to:
Identify HTF structure during scalping
Spot key reversals inside hourly candles
Track premium/discount zones relative to each 1h candle
Improve top-down analysis without switching timeframes
The higher-timeframe (HTF) candles are drawn as hollow outlines, which makes them easy to read while keeping the underlying 5-minute price action fully visible. Each 1-hour candle includes:
Wicks (high & low)
Open/close borders
Color-coded direction (green = bullish, red = bearish)
Transparent body so they never block real candles
This is ideal for traders who want to:
Identify HTF structure during scalping
Spot key reversals inside hourly candles
Track premium/discount zones relative to each 1h candle
Improve top-down analysis without switching timeframes
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
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.