VelaMayor MTF – Higher Timeframe Candle Overlay

VelaMayor MTF is a powerful multi-timeframe visualization indicator for MetaTrader 5, engineered for traders practicing Multi-Timeframe Analysis, Smart Money Concepts (SMC), Price Action, and ICT strategies.

Instead of flipping between multiple charts, VelaMayor projects the last X candles of any higher timeframe (e.g. H1, H4, D1) directly onto your execution timeframe (e.g. M1, M5, M15).

1. Dual-Layer Rendering (Independent Borders & Fills): Choose separate colors for candle bodies and candle outlines for maximum contrast on both light and dark chart themes.
2. True Period Separation ( Separate Boxes ): Unlike typical indicators that stretch full-interval blocks across the screen, VelaMayor bounds the box strictly to the inner candles formed within that timeframe, leaving natural breathing space between periods.
3. Centered High/Low Wicks: Cleanly detached upper and lower wicks that respect body boundaries and keep chart readability crisp.
4. Zero-Lag Real-Time Candle 0: Live bar updating tick by tick with instant price expansion.
5. Timeframe Change Auto-Recovery: Built-in background timer and chart-event listeners ensure all boxes and wicks reappear reliably whenever you switch timeframes or reconnect.
6. Optional Features: Full High-to-Low range envelope and floating info labels with OHLC values and point ranges.