MTF Candlestick — Indicator by agekara

One of the most important thing to understand in order to estimate the trend direction and its continuation is how the lower time frame candlesticks have been formed.
There are many processes by which candlesticks have been formed even if same size.

So in this script, daily candlestick is overlapped on the currently chart as default, and that can be changed.
Only real body is shown so as not to interfere with the currently chart.

Release Notes:

I added High/Low line which are able to switch ON/OFF.
Default: off

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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