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Background Candles (multi time frames)

The RobotFX Background Candles MT4 indicator can draw (in the background) the candles formed on any higher time frame, right behind the actual frame candles on the current timeframe. In the chart below one could trade on D1 (the background candles drawn by the indicator) and spot the right entry on the actual frame candles, H1.
Background Candles MetaTrader Indicator
A MetaTrader indicator that can draw higher time frame candles on the current chart
This MetaTrader indicator eliminates the need for many other indicators (daily open, daily high/low etc) and it is useful because it allows the forex trader to spot the price action and the trend formed on the higher time frames. It is especially useful for those trading with the trend and/or traders trading daily open (etc).
Sometimes it is necessary to check the higher time frames in order to establish the trend direction, or to switch to the lower time frames to enter a trade on the right moment.
You can download this RobotFX MT4 indicator for free from here.

Clients' Benefits:

- One time payment - no monthly/yearly/etc subscription fees
- All the indicators/experts/scripts/templates used in this strategy
- Free updates for life - per client's request

Remember that the FREE download offers the same functionality as the paid one, however it can only be used on DEMO accounts.

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