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:
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。