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Displaying Higher-Timeframe Candles with CronexAC Cloud Colors

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Summary

This MetaTrader indicator overlays candles from a higher timeframe as filled rectangles, using DRAW_FILLING buffers. Their colors follow the cloud direction of the CronexAC indicator: bullish or bearish cloud states determine the candle body color, while the corresponding shadows use separate pale shades. The display is intended to make higher-timeframe price action and the indicator's trend coloring visible together on a chart.

The description explains the visual mapping and states that the compiled CronexAC indicator file must be installed in the platform's indicator directory for the tool to operate. It does not specify the cloud calculation, candle construction details, timeframe selection procedure, or how a trader should turn the display into entry or exit rules. No strategy test or trading performance evidence is provided, so the indicator is best understood as a chart visualization aid rather than a demonstrated signal system.

Key ideas

  • The indicator draws higher-timeframe candles as filled chart rectangles.
  • Candle body and shadow colors reflect the direction and colors of the CronexAC cloud.
  • The compiled CronexAC indicator is a required dependency.
  • The description presents a visualization tool and provides no trading rules or performance evidence.

Tags

Technical indicatorsTrend followingExecution

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.