HTF Candle Overlay

This custom indicator is designed to help traders see *Higher Timeframe (HTF)* price action without leaving their current (lower timeframe) chart. It overlays the body and wicks of a larger candle (e.g., 4-hour or Daily) directly onto your 5-minute or 15-minute chart.

Key Functions
1. *Multi-Timeframe Visualization:* It draws the Open, High, Low, and Close of a higher timeframe candle (like the 4-hour) on top of your current chart.
2. *Live Projection:* As the live market moves, the indicator projects the expected width of the current HTF candle, allowing you to see it forming in real-time.
3. *Custom Styling:* You can toggle the background fill on/off and customize colors for bullish/bearish borders and backgrounds separately.

Practical Trading Uses
* Trend Alignment: Traders often use this to ensure they are trading in the direction of the higher timeframe trend. For example, if the 4-hour candle is green (Bullish), you might only look for buy setups on the 5-minute chart.
* Support & Resistance: The High and Low of the previous HTF candle often act as strong support or resistance levels. This indicator makes those levels immediately visible.
* Engulfing Patterns: You can easily spot if the current price action is "engulfing" the previous HTF candle, which can be a powerful reversal signal.
* Context for Scalping: Scalpers use this to avoid shorting into a strong bullish HTF candle or buying into a bearish one. It keeps you aware of the "bigger picture."."