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What MTFBoxes does is to draw a colored area behind the bars that signify a candle from a higher timeframe. This therefore makes it possible to depict an hourly candle inside a 5-minute chart. The area would contain all 5-minute bars that are located within said hourly candle.
The area turns greener if the candle of the higher timeframe is rising. A Doji would be shown in grey.
TimeFrame Timeframe of the “virtual” candle (second, minute, hour, day, week, month) TimeFrameValue Value of the timeframe (number)