Higher Time Frame {HTF} Candles [QuantVue]Introducing the Higher Time Frame {HTF} Candles from QuantVue!
This script was developed to help you visually emphasize higher time frame (HTF) candles.
Higher time frames reduce the 'noise' inherent in lower time frames, providing a clearer, more accurate picture of the market's movements.
By examining higher time frames, you can better identify trends, reversals, and key areas of support and resistance.
The Higher Time Frame Candles indicator overlays higher time frame data directly onto your current chart.
You can easily specify the higher time frame candles you'd like to view, and the indicator will overlay the higher time frame candles directly over the corresponding current time frame bars.
This indicator by default will display the most current higher time frame candle plus the previous 5 candles.
Give this indicator a BOOST and COMMENT your thoughts!
We hope you enjoy.
Cheers.
Candlestickindicator
Volume-Blended Candlesticks [QuantVue]Introducing the Volume-Blended Candlestick Indicator, a powerful tool that seamlessly integrates volume information with candlesticks, providing you with a comprehensive view of market dynamics in a single glance.
The Volume-Blended Candlestick Indicator employs a unique approach of projecting volume totals by calculating the total volume traded per second and comparing it to the time left in the session as well as the historical average length selected by the user.
The indicator then dynamically adjusts the opacity of the candlestick colors based on the intensity of the projected volume. As volume intensifies, the candlestick colors become more pronounced, while low volume will cause colors to fade allowing you to visually perceive the level of buying or selling.
One of the standout features of the Volume-Blended Candlestick Indicator is its ability to identify pocket pivots. A pocket pivot is an up day with volume greater than any of the down days volume in the past 10 days. By highlighting these pocket pivots on your chart, the indicator helps you identify potential stealth accumulation.
In addition to blending volume with candlesticks and spotting pocket pivots, this versatile indicator provides you with an insightful table displaying key volume metrics. The table includes the average volume, average dollar volume, and the up-down volume ratio, allowing you to get a clear picture of buying and selling pressure.
Settings Include:
🔹Sensitivty Level: Normal, More, Less
🔹Volume MA Length
🔹Toggle Color based on previous close
🔹Show or hide volume info
🔹Chose candlestick colors
🔹Show or hide pocket pivots
🔹Show or hide volume info table
Don't hesitate to reach out with any questions or concerns.
We hope you enjoy!
Cheers.
