Timeframe Streaming - MetaTrader 4 Script | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources
Share this trend indicator I created. It's called a "timeframe flow."
It will draw user defined higher timeframe candles on every shift within the current timeframe.
This means that each transition of your H1 chart can have an H4, H12 or D1 candle.
Alternatively, you can place D2, D3 or D5 candles on each shift of the daily chart.
Combined with the current timeframe ATR Band, you have a trend indicator with some filters.
You can also use a midline crossover as an exit (calculated using the higher timeframe candle shown in the indicator (Closing + Opening)/2).
Attachment download
📎 timeframe_flow.mq4 (10.46 KB)
Source: MQL5 #36346
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