Visualize standard candle bars of multiple timeframes simultaneously. The Multi-Timeframe (MTF) Candle indicator works by seamlessly overlaying standard candle bars of a higher timeframe (HTF) directly onto your current chart. This allows for clear, top-down price action analysis without the need to constantly switch between different timeframe windows.
2. Logic
The indicator fetches precise Open, High, Low, and Close data from your selected higher timeframe to dynamically construct and draw the HTF candle on your current chart.
Standard Mode: Adapts to the standard exchange session boundaries to frame the HTF candles.
ICT True Day Calculation: When activated, the indicator ignores standard exchange sessions and manually calculates HTF time bounds strictly anchored to midnight New York time (EST/EDT). It mathematically aggregates lower timeframe ticks to form the accurate HTF candle.
Fractional Levels: Automatically calculates mathematical divisions (Equilibrium, Quarters, Eighths) of the newly formed HTF candle's body and wicks, projecting them as precise horizontal levels.
3. Settings & Options
3.1 Main Settings
HTF Resolution : Choose the specific higher timeframe you wish to overlay on your chart.
ICT True Day : When checked, aligns HTF candles to start strictly from midnight New York time. This ensures timeframes like 4H or Daily reset perfectly at NY midnight, matching the true start of the day rather than standard exchange session boundaries.
3.2 Colors and Styling
Body : Select the fill colors for bullish and bearish HTF candles.
Border : Select the outline colors for bullish and bearish HTF candles.
Border Thickness : Adjust the line width of the HTF candle outline.
Border Style : Choose how the border is drawn (Solid, Dashed, or Dotted).
Wick Width (Bars) : Adjust the horizontal thickness of the HTF wicks relative to the lower timeframe bars.
3.3 Body Lines
B-EQ : Displays the Equilibrium (50%) midpoint of the HTF candle body. Includes toggles for visibility, style, width, and color.
B-1/4 : Displays the Quarter levels (25% and 75%) of the HTF candle body. Includes toggles for visibility, style, width, and color.
B-1/8 : Displays the Eighth levels (12.5%, 37.5%, 62.5%, 87.5%) of the HTF candle body. Includes toggles for visibility, style, width, and color.
3.4 Wick Lines
W-EQ : Displays the Equilibrium (50%) midpoint for both the top and bottom wicks. Includes toggles for visibility, style, width, and color.
W-1/4 : Displays the Quarter levels (25% and 75%) for both the top and bottom wicks. Includes toggles for visibility, style, width, and color.
W-1/8 : Displays the Eighth levels (12.5%, 37.5%, 62.5%, 87.5%) for both the top and bottom wicks. Includes toggles for visibility, style, width, and color.