OPEN-SOURCE SCRIPT
Higher Timeframe Separator
This script helps visually identify when a higher timeframe candle starts by drawing a vertical line. It also shades the area above or below the opening price, making it easier to track price movement relative to the higher timeframe.
Why It's Useful
If you use multiple timeframes, this indicator provides a clear visual reference for where the price is relative to the higher timeframe. This is much more convenient than constantly switching between charts. You can see in the screenshot below how much clearer the price action becomes when the indicator is enabled:
Additional Benefit
If you trade on a lower timeframe and notice that the number of bars between separators is inconsistent, it means there weren’t enough trades during that period—indicating low liquidity. Illiquid instruments can be riskier to trade. For example, observe how the vertical lines on the left side of the image below are densely packed:
Why It's Useful
If you use multiple timeframes, this indicator provides a clear visual reference for where the price is relative to the higher timeframe. This is much more convenient than constantly switching between charts. You can see in the screenshot below how much clearer the price action becomes when the indicator is enabled:
Additional Benefit
If you trade on a lower timeframe and notice that the number of bars between separators is inconsistent, it means there weren’t enough trades during that period—indicating low liquidity. Illiquid instruments can be riskier to trade. For example, observe how the vertical lines on the left side of the image below are densely packed:
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.