Enhance Your Multi-Timeframe Analysis with This Custom MT4 Indicator
This free MT4 indicator allows traders to overlay higher timeframe candlesticks on lower timeframe charts, while also detecting and displaying inside bar (Harami) formations.
🔹 Why Use This Indicator?
✔️ Visualize higher timeframe price action while monitoring lower timeframe movements
✔️ Identify key market structures and inside bar setups easily
✔️ Improve trading decisions with enhanced multi-timeframe analysis
🔹 Example Display:
📌 15-Minute Chart with 4-Hour Candlesticks Overlay
- Blue candlesticks indicate bullish bars.
- Red candlesticks indicate bearish bars.
- Higher timeframe candles help traders understand the broader market trend.

✅ Customizable colors & display settings via the parameter options.

🔹 Inside Bar (Harami) Detection Enabled
- Dotted lines represent high and low levels of an inside bar formation.
- When an inside bar is detected, the high and low lines remain visible for reference.

🔹 Parameter Setup Example
💡 Adjustable settings include:
- Higher timeframe selection for candlestick overlay
- Custom colors for bullish/bearish bars
- Enable/disable inside bar detection
- Customize line styles for high/low levels

📥 Download the Indicator
🚀 Get instant access to the Higher Timeframe MA & High/Low Indicator!
👉 Download Now (Unlock content to access the file)
📌 Features:
✔️ Multi-timeframe moving average display
✔️ Customizable high/low level visualization
✔️ Supports multiple timeframes and MA types
✔️ Perfect for trend-following and breakout strategies
⚠️ Note: This indicator is designed for MT4 (MQL4) and provides a visual aid for multi-timeframe analysis. Use it as part of a comprehensive trading strategy.
📢 Looking for More Trading Tools?
Explore my blog for more free MT4 indicators and trading strategies!
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