HTF Candles with Timeframe Alignment is a market structure indicator designed to display higher timeframe (HTF) candle data directly on your current chart via a floating panel. It automatically maps the chart’s timeframe to its natural higher timeframe (e.g., 5-minute to 1-hour, 1-hour to daily) and renders the last N HTF candles for quick visual reference without switching timeframes.
The indicator detects four institutional price action patterns in real time on these HTF candles: Candle Range Theory (CRT) trap candles signaling reversals, Expansion candles confirming momentum, Swing Point sequences marking structural turns, and Precision Swing Point (PSP) diamonds indicating cross-pair divergences. It also identifies SMT (Smart Money Technique) divergences between correlated instruments by comparing consecutive HTF candle pairs.
Correlated pairs are auto-detected for major forex pairs, metals, indices, and cryptocurrencies, with manual override options available. Additional features include a live countdown timer to the next HTF candle close, OHLC reference lines, vertical HTF open time separators, a compact dashboard showing HTF and intermediate timeframe bias and patterns, and customizable visual settings. The indicator supports multiple markets including forex, indices, and commodities.