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Candle Boxes (Border + Midline + Open level)

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📦 Candle Boxes (Border + Midline + Open Level)

Candle Boxes is a visual multi-timeframe (HTF) tool designed to display higher-timeframe candle structure directly on a lower-timeframe chart.
It helps traders understand HTF context without constantly switching between timeframes.

🔍 What this indicator displays

For each HTF candle, the indicator draws:

HTF Box

Top = HTF High

Bottom = HTF Low

Horizontal span = full HTF candle duration

Border color

Bullish HTF candle → bullish color

Bearish HTF candle → bearish color

Midline (50%) – optional

Exact midpoint of the HTF range: (High + Low) / 2

HTF Open level – optional

Horizontal line at the HTF candle open price

All elements are drawn without background fill to keep the chart clean and readable.

⏱ Multi-Timeframe logic

HTF is selected using the HTF (box timeframe) input

Data is retrieved via request.security() with no repainting

Levels update only while the HTF candle is forming

Once the HTF candle closes, its box and lines remain fixed

🧠 Intended use

This indicator is designed for:

visualizing higher-timeframe context on lower charts

analyzing HTF structure without changing timeframe

supporting:

support & resistance analysis

price action studies

intraday and swing trading context

This tool does not generate buy/sell signals and is not a trading strategy.

⚙️ Settings
HTF & history

HTF (box timeframe) – higher timeframe used to build boxes

Keep last HTF boxes – number of most recent HTF boxes to keep

used to comply with TradingView object limits

the script automatically removes the oldest boxes and lines

Visual options

Border (on/off, width, transparency, colors)

Midline (on/off, colors, transparency)

HTF Open line (on/off, color, width, transparency)

⚠️ Important notes

TradingView enforces strict limits on drawn objects (boxes and lines)

This indicator is optimized to:

display as much historical data as technically possible

automatically manage and delete older objects

Higher HTF → fewer boxes visible in history

Lower HTF → more boxes, faster object-limit usage


🔁 Suggested Timeframe Combinations

This indicator is designed to work best when the selected HTF is significantly higher than the chart timeframe.
Below are practical, commonly used combinations:

Intraday trading

Chart: 5m → HTF: 1H

Chart: 15m → HTF: 4H

Useful for identifying higher-timeframe structure during active trading sessions.

Swing trading

Chart: 30m → HTF: 4H

Chart: 1H → HTF: Daily

Helps visualize major HTF ranges and key levels while managing trades over multiple days.

Higher-timeframe analysis

Chart: 1H → HTF: Weekly

Chart: 4H → HTF: Weekly

Best suited for understanding broader market context, range behavior, and HTF price positioning.

General guideline

A 4× to 8× ratio between chart timeframe and HTF is usually a good starting point

Larger ratios provide cleaner structure but fewer visible boxes

Smaller ratios provide more detail but consume object limits faster

These combinations are guidelines only and can be adjusted based on personal trading style and market conditions.
📌 Disclaimer

This indicator is a visual analysis tool only.
It does not provide financial advice or guarantee any trading outcome.

All trading decisions are made at your own risk.
Always combine this tool with your own analysis and risk management rules.
Versionshinweise
Changes compared to the original code:

Added a body fill box that visually represents the HTF candle body (the area between Open and Close).

The body zone is trend-colored: green for bullish candles and red for bearish candles.

The body fill is separated from the wick box, clearly distinguishing volatility (high–low range) from real price control (open–close).

Full compatibility is preserved with existing elements: border, midline, and open level, without altering their original logic.
Versionshinweise
By adding Kijun 26 and Kijun 39 to the Candle Boxes structure, the indicator becomes significantly more actionable.
Kijun lines act as dynamic trend filters placed directly on top of the HTF box structure, helping you instantly see:

Trend direction (price above = bullish bias, below = bearish bias)

Momentum strength (distance from Kijun shows strength of impulse)

Clean re-entry zones after pullbacks

Invalidation levels when price closes on the opposite side

Confirmation of box signals — a bullish HTF box is valid only when price also respects Kijun trend

In short, Kijun adds trend clarity, structure validation and precise entry filtering, making the Candle Boxes system more disciplined and easier to trade.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.