ICT Fractal HTF Candles

The ICT Fractal HTF Candles indicator provides a multi-timeframe visualization tool that overlays higher timeframe (HTF) candles and key structural levels directly onto your current chart. This allows traders to monitor broader market trends and Power of 3 (PO3) concepts without the need to switch between different chart intervals.

Usage

This tool is designed for traders who utilize multi-timeframe analysis to identify liquidity zones and market structure shifts. By displaying the last four HTF candles as an overlay, users can observe the Open, High, Low, and Close (OHLC) of a higher timeframe while executing trades on a lower timeframe.

Traders can use the midpoint wick lines (top and bottom) as precision reference points for price reactions. The "Inside Close" body color highlighting helps identify specific price action signatures where the candle closes within the previous candle's range. The dynamic close line provides a visual countdown on the x-axis, showing exactly where the current higher timeframe candle will conclude based on the remaining time.

Details

The script fetches data from a user-defined or automatically adjusted higher timeframe using the request.security function. It calculates several key ICT-based levels:

• PO3 Candles: Visualizes the accumulation, manipulation, and distribution phases through HTF candle representations.
• Midpoint Levels: Calculates the 50% mark of the wicks and the full candle body for confluence.
• Dynamic Close Line: Projects a vertical line forward in time to indicate the projected bar index of the HTF candle closure.
• Automatic Timeframe Logic: Scales the HTF based on the current chart (e.g., if you are on a 1m chart, it defaults to a 15m HTF).

Settings

Timeframe Logic

• Auto-Adjust Timeframe?: When enabled, the script automatically selects a relevant higher timeframe based on your current chart interval.
• Manual Timeframe (Fallback): Allows users to manually select a specific interval (5m, 15m, 30m, 1h, 4h, 1D) if auto-adjust is disabled.

Visuals

• Bullish/Bearish Body Color: Customizes the appearance of the HTF candle bodies.
• Inside Close Body Color: Sets a specific color for candles that close inside the previous high/low range.
• PO3 Box Offset: Shifts the location of the candle overlay on the x-axis.

Midpoints & Lines

• Midpoint Wick Color: Sets the color for the upper and lower wick midpoints.
• Show Candle Midpoint: Toggles a red line representing the 50% mark of the total candle range.
• Show Dynamic Close Line: Enables a vertical line indicating the time remaining until the current HTF candle closes.

Labels & Dividers

• Display TF Label: Shows a text label indicating which higher timeframe is currently being plotted.
• Show Vertical Dividers: Draws dashed lines at the start of the last four HTF periods.

FAQ

How do I access ICT Fractal HTF Candles?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I change the number of candles displayed?

The indicator is currently optimized to display the four most recent higher timeframe candles to maintain chart clarity while providing sufficient context.

What does the "Inside Close" color indicate?

This color appears when a higher timeframe candle closes within the price range of the previous candle's high or low, signaling a potential contraction or lack of trend extension.