OPEN-SOURCE SCRIPT

HTF Candle Architecture [BigBeluga]

40 468
🔵 OVERVIEW
HTF Candle Architecture [BigBeluga] is an advanced higher-timeframe (HTF) structural visualization tool that reconstructs and projects HTF candles directly onto any lower-timeframe chart.
Instead of relying on standard timeframe switching, the indicator builds synthetic HTF candles in real time, exposing their internal architecture — High, Low, Open, and Close — as dynamic price levels that extend into the future.

This tool is designed to help traders read higher-timeframe intent, structure, and control points while operating on lower timeframes with precision.

🔵 CORE IDEA
  • Markets are governed by higher-timeframe structure, even when trading lower timeframes.
  • HTF candles define key decision levels where liquidity, rejection, and continuation often occur.
  • By reconstructing HTF candles bar-by-bar, traders can track their evolution instead of waiting for candle close.
    syot kilat


🔵 HOW THE INDICATOR WORKS

HTF Candle Reconstruction
  • The indicator uses the selected HTF timeframe (e.g., Daily, 4H, 1H).
  • Each time a new HTF candle begins, the previous HTF candle’s OHLC values are stored.
  • While the current HTF candle is forming, its High and Low are continuously updated in real time.
  • This creates a live HTF candle that evolves with every lower-timeframe bar.
    syot kilat


Synthetic Candle Architecture
  • Each HTF candle is drawn using:
    • A vertical wick (High–Low range)
    • A candle body (Open–Close)

    syot kilat
  • Candles are color-coded automatically:
    • Bullish candle → bullish color
    • Bearish candle → bearish color

    syot kilat
  • This makes HTF direction visually clear without changing chart timeframe.


🔵 OHLC LEVEL PROJECTION LOGIC
  • High, Low, Open, and Close levels from each HTF candle can be enabled independently.
  • Each level is projected forward by a user-defined offset.
  • Projected levels act as:
    • HTF support and resistance
    • Liquidity interaction zones
    • Execution reference points for lower-timeframe entries

    syot kilat
  • Different line styles (Solid / Dashed / Dotted) can be assigned per level for clarity.
    syot kilat


🔵 MULTI-CANDLE STRUCTURE
  • Up to four HTF candles can be displayed simultaneously.
  • Older candles provide historical context.
  • The most recent candle shows active HTF structure.
  • Each candle is offset horizontally to prevent overlap and preserve readability.
    syot kilat


🔵 REAL-TIME VS COMPLETED CANDLES
  • Completed HTF candles represent confirmed structure.
  • The real-time HTF candle shows how current price is building relative to higher-timeframe extremes.
  • This allows traders to anticipate HTF reactions before candle close.
    syot kilat


🔵 VISUAL & STRUCTURAL DETAILS
  • Top label displays selected higher timeframe.
    syot kilat
  • Optional labels display exact OHLC prices and candle index.
    syot kilat
  • Small circular markers highlight exact OHLC anchor points on the chart.
    syot kilat
  • Background shading marks the moment a new HTF candle begins.
    syot kilat
  • A timeframe label confirms the active HTF reference.


🔵 PRACTICAL USE CASES
  • Trade lower timeframes in alignment with HTF candle bias.
  • Use HTF Open and Close as directional bias levels.
  • Use HTF High and Low as liquidity sweep and rejection zones.
  • Combine with order blocks, volume tools, or market structure indicators.


🔵 CONCLUSION
HTF Candle Architecture [BigBeluga] transforms higher-timeframe candles into actionable structure on any chart.
By exposing the internal OHLC architecture of HTF candles — both completed and forming — the indicator bridges the gap between macro structure and micro execution, allowing traders to align precision entries with dominant market intent.

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.