"Intraday MTF Candle Status" logo
Intraday MTF Candle Status
"Intraday MTF Candle Status" uploaded image
"Intraday MTF Candle Status" uploaded image
"Intraday MTF Candle Status" uploaded image
Since 29/05/2025
3.01M
Traded volume
43.92K
Pips won
25
Sales
594
Free installs

1️⃣ What This Indicator Does?

This tool summarizes candle direction across multiple timeframes in one place on your chart.

For each timeframe, it checks the last closed candle and displays:

StatusMeaning

🟢 Bull

Close > Open (buyers in control)

🔴 Bear

Close < Open (sellers in control)

Doji

Close ≈ Open (indecision)

Displayed timeframes:

  • Daily
  • H4
  • H1
  • M30
  • M15
  • M5

All statuses are shown on the chart itself, so you don’t need to switch timeframes.


2️⃣ Why This Tool Is Powerful

🔥 Solves a Common Trader Problem

Most traders ask:

“Am I trading with or against the higher timeframe trend?”

This indicator answers that instantly.

Instead of guessing:

  • You see trend alignment
  • You avoid counter-trend entries
  • You improve timing & confidence

3️⃣ How the Indicator Works

📌 Candle Status Logic

  • Uses last closed candle (Last(1))
  • No repainting
  • Reliable confirmation

📌 Multi-Timeframe Data

  • Fetches real candle data from each timeframe
  • Independent of the chart timeframe you’re currently on

📌 On-Chart Display

  • Draws text labels on the top-right area
  • Color-coded for instant readability
  • Updated on every tick

4️⃣ How to Use It Effectively (Trading Scenarios)

🟢 Scenario 1: Trend Confirmation (Best Use Case)

✔ Rule:

Trade only when higher and lower timeframes agree

Example:

Daily: Bull
H4: Bull
H1: Bull
M15: Bull
M5: Bull

High-probability BUY environment

Use:

  • Pullbacks
  • Breakouts
  • Continuation entries

❌ Avoid SELLS here


🔴 Scenario 2: Counter-Trend Warning

Daily: Bull
H4: Bull
H1: Bear
M15: Bear
M5: Bear

⚠️ Market is in a pullback, not a reversal.

Best actions:

  • Wait for M5/M15 to turn Bull again
  • Avoid chasing SELLS
  • Look for buy setups at support


⚪ Scenario 3: Choppy / Ranging Market

Daily: Bull
H4: Doji
H1: Doji
M15: Bear
M5: Bull

🚫 Low-quality conditions

Recommended:

  • Reduce position size
  • Avoid breakout trades
  • Wait for structure clarity


5️⃣ Scalping Strategy Example (M5 Entries)

🔹 Ideal Buy Setup

  • Daily → Bull
  • H4 → Bull
  • H1 → Bull
  • M15 → Bull
  • M5 → Bear → turns Bull

📍 Entry:

  • When M5 flips back to Bull
  • Combine with:
    • Support
    • Fractals
    • EMA / VWAP


🔹 Ideal Sell Setup

Opposite logic:

  • Higher TFs → Bear
  • Enter on M5 pullback completion


6️⃣ Best Timeframe Combinations

Trading StyleFocus Timeframes

Scalping

H1 → M15 → M5

Intraday

H4 → H1 → M15

Swing

Daily → H4 → H1


7️⃣ What This Tool Is NOT

🚫 Not an entry signal by itself
🚫 Not a reversal indicator
🚫 Not a replacement for structure / price action

✅ It is a bias & confirmation tool


8️⃣ Best Indicators to Combine With

Highly recommended pairings:

  • ✅ Fractals (you already use this)
  • ✅ Market structure (HH / LL)
  • ✅ Support & Resistance
  • ✅ EMA 50 / EMA 200
  • ✅ VWAP


9️⃣ Pro Trading Rules Using This Tool

✔ Trade only in the direction of HTF
✔ Use LTF only for entry timing
✔ Ignore signals when Daily & H4 disagree
✔ Do not overtrade during mixed signals
✔ Let structure confirm the candle bias


🔟 Final Summary

IntradyMultiTimeframeCandleStatus = Market Bias Dashboard

It gives you:

  • Instant trend clarity
  • Higher probability trades
  • Less emotional decisions
  • Cleaner execution

Check out our product.

Indicator profile
0.0
Reviews: 0
Customer reviews
No reviews for this product yet. Already tried it? Be the first to tell others!
Signal
Indices
Commodities
GBPUSD
MACD
Bollinger
Scalping
Supertrend
AI
XAUUSD
NAS100
BTCUSD
Forex
Breakout
RSI
EURUSD
NZDUSD
Fibonacci
Martingale
VWAP
Prop
ZigZag
ATR
SMC
Crypto
Grid
Stocks
Fair Value Gap (FVG)
USDJPY
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

More from this author

Market Sessions is very important for traders.
Fractal Arrow Buy and Sell Indicator
The Break of Structure (BoSCHoCh) Indicator is a smart market structure tool designed to help traders easily spot trend.
Quick Trading Panel Cbot allows you to trade faster using a panel in a chart. This includes Trailing Trigger and Locked.
3
Profit factor
0%
Max drawdown
Area of Interest with the power of AI to detect the market interest.
Candle Timer best used for Scalper
The ZigZag Trend is a market structure tool that filters out small price fluctuations and highlights major swing.
MultiTF Pivot and SR Indicator
The Fibonacci Automated Levels Indicator is a smart trading tool that automatically detects the most recent market.
Volume Meter
The Market BIAS Detector is a smart trading assistant designed to identify the market.
Spread Calculator to calculate the difference between two prices or values.

You may also like

Previous day key levels indicator
trading stress-relief “mini-game”
Indicador Compra e Venda é um rastreador de tendência.
HMA MTF 2.0 (Multi-Timeframe )
Automatically detects and marks higher highs, lower highs, lower lows and higher lows.Check the other version in my page
Smart Money Suite (Lite): BOS, CHoCH, Swing structure, PDH/PDL & session killzones. Essential SMC tools, zero clutter.
Consecutive Series Moves — Reveal the True Pulse of Price Action
Boost trading with Divergence v1.3 ! Spot divergences & trends with 12 oscillators. Enjoy for Free & with Source code =)
This indicator is a valuable tool for traders looking to identify significant opening price level of any asset.
Automatic Support/Resistance zones from swing points.
NEW - PNLs as % - daily, weekly, monthly, or yearly & Spread, Time To Close, PNL Alerts, custom Bid / Ask lines
Z-Score: Measures price deviations from its mean. Spots overbought/sold (±2-3 SD) & reversals. Key for stats trading
Volume Meter
VIX Pro: Volatility Index Tool with ATR-Based Breakout Alerts
High-Performance Renko Chart Indicator with Advanced AI Filtering
🌐 Uno Market Sessions (Optimize your trading window. See the market move in real-time with Uno Market Sessions).
Counts bars from the start of the sessions.
Free SMC tool: BOS/FVG signals with HTF trend. Previews our paid bot logic. Visualize before you automate!
Since 29/05/2025
3.01M
Traded volume
43.92K
Pips won
25
Sales
594
Free installs