deKoder | HTF3 - Multi-Timeframe Candle Display

deKoder | HTF3 - Multi-Timeframe Candle Display

Overview
HTF3 is a powerful multi-timeframe analysis tool that displays higher timeframe candles directly on your current lower timeframe chart. When trading lower timeframes it is sometimes easy to lose sight of the higher timeframe context. HTF3 enables better trading decisions by keeping your analysis aligned with the dominant trend.

Key Features
• Multi-Timeframe Support: Display daily, weekly, or any custom higher timeframe candles
• Visual Candle Representation: Clear OHLC candles with customizable colors
• Range Display: Show previous candle ranges with dotted center lines
• Trading Signals: Automatic breakout and rejection signals with arrow markers
• Flexible Positioning: Adjustable horizontal offset for optimal placement
• Real-time Updates: Current higher timeframe candle builds in real-time

Use Cases
• Swing Traders: Maintain daily/weekly context on intraday charts
• Position Traders: Align entries with higher timeframe structure
• Breakout Traders: Identify key levels from previous candle ranges
• Market Analysis: Quickly assess multi-timeframe alignment

Configuration
• Timeframe: Select higher timeframe to display (default: D)
• X-Offset: Adjust horizontal positioning (-4 to 50)
• Show Candles: Toggle candle display
• Show Range: Toggle previous candle high/low ranges
• Signals: Display breakout/rejection signals
• Customize bull/bear colors and text appearance

How to Use
1. Select your desired higher timeframe in the settings
2. Adjust offset for optimal positioning
3. Use the range lines to identify potential liquidity zones
4. Watch for signal arrows indicating breakouts/rejections
5. Combine with your existing strategy for confirmation

Pro Tips
• Use daily candles on 1H/4H charts for swing trading context
• The signals are not intended as standalone buy/sell triggers. They should only be used as confluence for your main trade idea