Rapid HTF Price Action Dashboard V2.0

Rapid HTF Price Action Dashboard V2.0

Overview
Stop the constant switching between timeframes. The Rapid HTF Price Action Dashboard is an all-in-one analysis suite designed to give you a crystal-clear view of the market's true intent by projecting critical higher-timeframe (HTF) data directly onto your trading chart.

This tool is more than just a pattern indicator; it's a complete dashboard that provides institutional-grade insights into price action. It helps you anticipate market moves by showing you where liquidity lies and how the bigger players are positioning themselves, all from the comfort of your lower-timeframe chart.

Key Features
Multi-Timeframe Dashboard: A clean, intuitive panel on the right of your chart displays the last two closed higher-timeframe candles (Candle A & B) and the live, developing one (Candle C).

Projected HTF Levels: Automatically draws and projects the previous HTF candle's high and low across your chart, acting as critical dynamic support and resistance levels.

Advanced Pattern Recognition: Identifies seven high-conviction candlestick patterns based on our proprietary filtering system, designed to eliminate noise and pinpoint only the most potent signals.

The Logic: Why Our Signals Are More Accurate
This indicator goes far beyond textbook definitions. We don't just look for shapes; we look for the story behind the price action. Each pattern is filtered through a rigorous set of conditions to ensure it represents true market conviction.

Hammers & Inverted Hammers: The Liquidity Grab
Classic Hammer/IH patterns are often misleading. Ours are different. We identify them as true liquidity grab signals, a core concept used in ICT (Inner Circle Trader) methodologies.

A Hammer (H) is only valid if its low wick has pierced below the low of the previous candle (low < low[1]). This signifies a "stop hunt" where liquidity was absorbed below a key level before buyers aggressively pushed the price up.

An Inverted Hammer (IH) is only valid if its high wick has pierced above the high of the previous candle (high > high[1]). This shows liquidity was taken above a prior high before sellers took control and suppressed the price.

Harami: Filtering for Conviction
A classic Harami (an inside bar) can often just be a weak doji, signaling indecision. We filter this noise out.

Our Harami signal (BeH, BuH) requires the inside candle to have a meaningful body (defaulting to 30% of its own range, but fully customizable).

Furthermore, we have enhanced the logic to ensure the body of the inside candle is strictly contained within the body of the previous candle, making it a more precise and reliable signal of consolidation before a potential expansion.

Power Engulfing: A Signal of Overwhelming Force
We don't flag just any engulfing candle. We look for true displacement and momentum.

Our Power Engulfing pattern (BE, BuE) requires the body of the current candle to completely engulf the body of the previous candle.

Crucially, it must also close decisively beyond the entire range (including the wick) of the previous candle. A Bullish Engulfing must close above the previous high, and a Bearish Engulfing must close below the previous low. This confirms overwhelming force has entered the market and a reversal is highly probable.

How to Use the Dashboard
Set Your Reference Timeframe (refTF): Choose the higher timeframe you want to analyze (e.g., "240" for 4-Hour).

Identify the Narrative: Use the projected High/Low lines as your key support and resistance zones. A primary strategy is to wait for price to interact with these levels.

Anticipate the Draw on Liquidity: Watch as price approaches the previous HTF high or low. The dashboard helps you predict the market's next move. For example, if price is trading below the previous HTF low, you can anticipate a potential sweep of that level.

Confirm with a Signal: When a signal like a Hammer (H) appears on the dashboard after sweeping the previous low, it provides high-conviction confirmation that liquidity has been taken and price is ready to reverse.