The indicator is designed for displaying the candles of any higher timeframe on the H1 chart. It is also possible to display the candles of the non-standard timeframes: H5, H7 or H11. The upward and downward bars are filled with different colours.
The following parameters can be adjusted:
- TFBar=6 – Period of the higher candlesticks.
- offsetHour=-2 – Time offset. Set the formation time of the higher candlestick.
- NumberOfBar=30 – The number of higher candlesticks.
- ColorUp=Silver – Color of the upward candlestick.
- ColorDown=RoyalBlue – Color of the downward candlestick.