CandleMap — MTF Price Delivery Phases

CandleMap — MTF Price Delivery Phases

This indicator highlights different price delivery phases across one or two higher timeframes, helping traders visualize when markets are consolidating, retracing, or expanding.
It overlays these phases directly on the chart using color-coded boxes, labels, and optional midlines.

How it works:
- Up to 2 higher timeframes can be selected (e.g., H1 and H4).
- For each aggregated candle on the chosen timeframe, the tool detects whether the market is in:
Consolidation
Retracement
Expansion
- Each phase is drawn as a box with optional labels and a dashed midline (average of high and low).

How to use:
- Apply on intraday charts while enabling one or more higher timeframes.
- Use consolidation phases to spot potential accumulation or compression zones.
- Expansion phases may highlight breakout opportunities or directional bias.
- Colors are used to clearly distinguish between phases.

Notes:
- This is an invite-only script. Access must be requested from the author.