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CCT [masterchi]

97
CCT - Candle Continuation Theory
A visual tool for tracking Higher Timeframe (HTF) candle structure and virgin level breaks.

Features:
Side Panel HTF Candles
  • Displays HTF candles (default: 1H) in a compact panel to the right of your chart
  • Shows the last 5 completed HTF candles plus the current developing candle
  • Real-time countdown timer shows time remaining in current HTF bar

Virgin Level Detection
  • Automatically identifies "virgin" highs and lows from HTF candles
  • A level remains virgin until price touches it
  • When a candle CLOSES beyond a virgin level, it's marked as "broken"
  • Blue lines = broken virgin highs | Red lines = broken virgin lows
  • Note: Only levels from candles currently in the Side Panel are tracked - as older candles scroll out, their levels are no longer displayed

Dual Display
  • Broken levels shown on both the Side Panel and Main Chart
  • Lines stop 1 candle after the breaking candle (or extend with option)

Customization
  • Configurable HTF timeframe
  • Line style (Solid/Dashed/Dotted) and thickness
  • Full color control for Side Panel candles and broken levels
  • Toggle visibility for all elements

Use Case: Identify when price breaks through untested HTF levels - these breaks often lead to continuation or provide key areas for pullback entries.
Notes de version
Added Virgin Level Sweep Alerts
  • Added optional alert when virgin levels are swept by HTF body close
  • Alert message indicates whether HIGH or LOW was swept

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