Each time frame has its own story and by using multiple time frames you will be able to increase your price predictions accuracy significantly.
Suppose you are a short-term day trader and you use the 5-minute chart or 1-minute chart and if you are bullish and it aligns with longer time frames your probability of being correct is very high.
cTrader platform come with lots of fixed time frames but it doesn’t allow you to have custom time frames or adding one time frame over another on the same chart.
This indicator brings custom time frame charts feature to cTrader, it allows you to add multiple custom time frames over one another on the same chart, you can set different colors for each time frame bars with transparent filled backgrounds or you can disable the filling feature.
The indicator not just work in standard time-based charts but also in Renko, Tick, and Range charts.
There is no limitation in setting the time period of the indicator.
- Setting the time frame in “Hours:Minutes:Seconds” format
- Setting a fixed date as indicator calculation start point
- Setting different colors for bullish/bearish bars body and wick
- Changing the bar wicks width
- You can enable/disable the bar’s body filling option
- Limiting the indicator based on a maximum time frame