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HTF Candle Profile [ChartPrime]

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⯁ OVERVIEW
The HTF Candle Profile [ChartPrime] visualizes higher-timeframe candle structure and its internal volume distribution directly on lower-timeframe charts. It automatically detects changes in higher-timeframe periods (daily, weekly, or monthly) and constructs a complete volume profile for each, allowing traders to see how volume is distributed across the range of that higher-timeframe candle. This helps identify whether momentum is supported by real volume strength or trapped price movement.

⯁ LOGIC
  • When a new higher-timeframe candle begins, the indicator starts collecting data for its open, high, low, close, and volume range.
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  • Once sufficient bars have passed (defined by the Min Period Profile input), it calculates a full profile using adaptive bin sizing derived from the range (High–Low) and ATR for scaling precision.
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  • The resulting bins represent the volume concentration at each price level of that higher-timeframe candle.
  • A Point of Control (PoC) is highlighted — the level where the most volume occurred.
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  • The indicator then draws the higher-timeframe candle body and wicks at the chart’s right side, giving visual context of bullish or bearish sentiment.
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⯁ FEATURES
  • Automatic HTF Detection: Identifies new Daily, Weekly, or Monthly periods and updates profiles in real time.
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  • Dynamic Bin Calculation: Automatically adjusts bin size based on ATR and candle height for accurate volume granularity.
  • Volume Profile Rendering: Displays colored volume bars extending from the candle, showing where trading activity was concentrated.
  • Higher-Timeframe Candle Representation: Plots the full HTF candle (open, close, high, low) on the right side of the chart for visual clarity.
  • PoC Level & Labels: Marks the point of maximum volume within the candle profile with a line and volume label.
  • Configurable Levels: Toggle display of Open, Close, High, Low, and PoC for each higher-timeframe segment.
  • Color-coded Sentiment: Candle and profile colors reflect bullish or bearish momentum.
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⯁ CONCLUSION
The HTF Candle Profile [ChartPrime] bridges lower- and higher-timeframe analysis by embedding high-resolution volume data within each major candle. It enables traders to see where liquidity and trading activity cluster inside higher-timeframe structures — revealing whether trends are volume-backed or hollow. Perfect for combining structural insight with volume confluence when analyzing market sentiment transitions across timeframes.

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