This custom indicator draws configurable horizontal grid lines on any chart type (Renko, Candlestick, Line, Tick, Range, Volume, Point & Figure, and Kagi). It helps traders visualize higher timeframe brick levels directly on their lower timeframe chart, supporting multi-timeframe analysis without switching between windows.
KEY FEATURES:
- Works with ALL chart types (Renko, Candles, Line, Tick, Range, Volume, PnF, Kagi)
- Configurable grid spacing (from 0.1 points upward)
- Adjustable number of grid lines (4 to 50)
- Customizable line colors for better visibility
- Automatic price level labels for quick reference
TRADING USE CASES:
- Identify support and resistance levels
- Perform multi-timeframe analysis on a single chart
- Visualize "higher brick" boundaries on lower Renko charts
- Spot key price zones for entries and exits
TECHNICAL DETAILS:
- Indicator type: Visual overlay / Grid lines
- Works on: All timeframes (the grid spacing is price-based, not time-based)
- Compatible with: Forex, Indices, Commodities, Crypto, Stocks
⚠️ DISCLAIMER: Trading involves risk of loss. Past performance does not guarantee future results. This indicator is a visual tool and does not generate trading signals. Always use proper risk management.
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Visit my profile to see all products: CapitalMente on cTrader Store
SUPPORT:
For questions or feature requests, contact me through the cTrader Store.
HOW TO USE:
Simply attach the indicator to any chart and adjust the "Higher Renko Size" parameter to set the grid spacing. The number of lines and colors are fully customizable.
