OPEN-SOURCE SCRIPT

1h Hollow Candle on 5m - SS

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This indicator displays 1-hour candles on a 5-minute chart using a clean, minimal visual style designed for intraday traders who want to track higher-timeframe structure without cluttering the chart.

The higher-timeframe (HTF) candles are drawn as hollow outlines, which makes them easy to read while keeping the underlying 5-minute price action fully visible. Each 1-hour candle includes:

Wicks (high & low)

Open/close borders

Color-coded direction (green = bullish, red = bearish)

Transparent body so they never block real candles

This is ideal for traders who want to:

Identify HTF structure during scalping

Spot key reversals inside hourly candles

Track premium/discount zones relative to each 1h candle

Improve top-down analysis without switching timeframes

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.