Overlaying Higher-Timeframe Stream Candles on a Chart

Summary

This document explains a chart indicator that displays candles from a larger timeframe as filled rectangles on a lower-timeframe chart. It uses fill buffers to represent the candle bodies and shadows, with their colors tied to the direction indicated by a source Stream Candles indicator. Upward and downward states receive different body and shadow colors, allowing the larger-timeframe pattern to be seen alongside finer-grained price action.

The text is a brief description of visualization behavior rather than a trading method. It gives no examples of signal interpretation, performance evidence, or rules for entering and exiting positions. The indicator also depends on the separate source indicator being present in the platform’s indicator folder; the document does not explain setup troubleshooting or how to evaluate whether this display improves decisions.

Key ideas

• The indicator renders larger-timeframe candles as filled rectangles on a chart.\nIts candle colors follow the direction state supplied by the Stream Candles source indicator.\nThe document describes visualization mechanics but provides no tested trading rules or results.\nThe source indicator must be available for the overlay to work.

Tags

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