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MTF 5 Big Candles [RanaAlgo]

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Overview
This Pine Script indicator displays multiple timeframe (MTF) candlesticks from 5 different timeframes on your current chart. It helps traders quickly assess higher timeframe price action without switching charts.

Key Features
5 Customizable Timeframes

Displays candles from user-selected timeframes (e.g., 15m, 30m, 1H, 4H, Daily).

Each candle is offset to avoid clutter.

Visual Customization

Adjustable spacing, width, and colors for bullish/bearish candles.

Option to show/hide wicks, OHLC labels, and price guide lines.

Clear Price Reference

Dotted guide lines extend from the current price to the MTF candles for easy comparison.

OHLC labels (optional) show exact price levels.
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and u can also check the remainig time of candles ..
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Usefulness
✅ Multi-Timeframe Analysis – Compare trends across different timeframes at a glance.
✅ Avoid Chart Switching – See higher timeframe structure while trading lower TFs.
✅ Identify Key Levels – Spot support/resistance from higher timeframe candles.
✅ Customizable Layout – Adjust spacing and styling to fit your trading style.

Best For
Swing & position traders analyzing multiple timeframes.

Day traders looking for confluence from higher TFs.

Traders who prefer visual candlestick patterns over plain lines.

This script is particularly useful for confirming trends, spotting reversals, and aligning entries with higher timeframe structure.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.