HTF Candles & Reversals

This indicator, "HTF Candles & Reversals," provides multi-timeframe (HTF) candlestick overlays combined with advanced market structure and reversal detection, all on your main TradingView chart. It empowers traders to visualize the broader trend context, spot potential price reversals, and identify Fair Value Gaps (Imbalances) across up to eight user-selectable higher timeframes, supporting robust, efficient technical analysis.​

Key Features
Multi-Timeframe Candle Display: Overlays up to eight higher timeframe candles (5m, 15m, 1H, 4H, 1D, 1W, 1M, 3M) on any chart. Each HTF candle features customizable body, border, and wick colors for bullish and bearish states.​

Live Price Action Representation: HTF candle data is updated in real time, reflecting both completed and developing HTF candles for continuous context during current price moves.​

Reversal Pattern Detection: Spots key bullish and bearish reversal patterns on both standard and HTF candles, marking them with green (bullish) and red (bearish) triangles beneath or above the main candles. HTF candles are optionally colored (lime/orange) upon identifying stronger reversal setups.​

Fair Value Gap (Imbalance) Visualization: Automatically detects and highlights HTF imbalances (FVG) with transparent rectangles and mid-line overlays, indicating zones of potential price revisits and trading interest.​

Day-of-Week Labels: For daily HTF candles, annotated with custom-positioned weekday labels (above/below), aiding in session structure recognition.

Customizable Visuals: Extensive settings for the distance, width, transparency, and buffer of overlaid candles, as well as label/timer position, alignment, sizing, and coloring—including per-element control for clarity and chart aesthetics.

HTF Timer & Labeling: Optionally display the HTF name and a remaining-time countdown for each candle, positioned at the top, bottom, or both, for improved situational awareness.

Performance Optimizations: Script is designed for overlay use with up to 500 candles, lines, and labels on charts with deep historical access (5,000 bars back).​

How to Use
Apply the script to your chart and select the desired number of HTF candles to display.

Enable or disable triangles for reversal spotting and customize color schemes to match your workflow.

Leverage HTF overlays to validate lower timeframe signals, spot key levels, and monitor imbalances as price moves toward or away from high-interest zones.

Use settings to tune the look and adjust feature visibility for a clean, focused display.​

Alerts
Built-in alert conditions are available for immediate notification when bullish or bearish reversal triangles appear—keeping you informed of critical setups in real time.

Use Case
Ideal for traders who want to:

Add higher-timeframe context and structure to their intraday or swing analysis

Quickly identify HTF-based support/resistance and potential reversal areas

Monitor market imbalances for order flow strategies or mean reversion plays

Access multi-timeframe price action cues without switching charts


Disclaimer: This indicator is intended for educational and analytical purposes. Always conduct your own analysis and manage risk appropriately when trading financial markets.​