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CCT [masterchi]

84
CCT - Candle Continuation Theory
A visual tool for tracking Higher Timeframe (HTF) candle structure and virgin level breaks.

Features:
Side Panel HTF Candles
  • Displays HTF candles (default: 1H) in a compact panel to the right of your chart
  • Shows the last 5 completed HTF candles plus the current developing candle
  • Real-time countdown timer shows time remaining in current HTF bar

Virgin Level Detection
  • Automatically identifies "virgin" highs and lows from HTF candles
  • A level remains virgin until price touches it
  • When a candle CLOSES beyond a virgin level, it's marked as "broken"
  • Blue lines = broken virgin highs | Red lines = broken virgin lows
  • Note: Only levels from candles currently in the Side Panel are tracked - as older candles scroll out, their levels are no longer displayed

Dual Display
  • Broken levels shown on both the Side Panel and Main Chart
  • Lines stop 1 candle after the breaking candle (or extend with option)

Customization
  • Configurable HTF timeframe
  • Line style (Solid/Dashed/Dotted) and thickness
  • Full color control for Side Panel candles and broken levels
  • Toggle visibility for all elements

Use Case: Identify when price breaks through untested HTF levels - these breaks often lead to continuation or provide key areas for pullback entries.
Nota Keluaran
Added Virgin Level Sweep Alerts
  • Added optional alert when virgin levels are swept by HTF body close
  • Alert message indicates whether HIGH or LOW was swept

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.