Deriv Synthetic HTF Candle Projection

Deriv Synthetic HTF Candle Projection

Deriv Synthetic HTF Candle Projection GMT2

Higher Timeframe Candle Projection & Previous Levels Tool for Deriv Synthetic Indices (MT5)

Overview

Deriv Synthetic HTF Candle Projection GMT2 is a professional MetaTrader 5 indicator built specifically for Deriv Synthetic indices. It projects the current forming Higher Timeframe (HTF) candle onto the chart and automatically draws key reference levels from previous candles.

This indicator is designed to help traders maintain higher timeframe context while trading lower timeframes, making it ideal for Boom & Crash and Volatility index analysis.

Key Features

• Projects the current forming HTF candle in real time
• Displays Previous HTF High / Low / 50% equilibrium level
• Displays Previous 2 Candle High / Low levels (short projection)
• Customizable line styles (solid / dashed / dotted)
• Adjustable line widths and colors
• Optional price labels for clarity
• Displays symbol daily change (points + percentage)
• Lightweight, clean, and optimized for performance
• Works on all Deriv Synthetic symbols and chart timeframes

Default Market Time (GMT+2)

This indicator is configured for GMT+2 by default, which aligns with common Deriv Synthetic market session timing.

The time shift can be adjusted using the Time Shift Hours input if required.

Recommended Timeframes

Best performance and usability on:
M15, M30, H1, H4, and D1

Best For

• Boom 1000 / Crash 1000
• Boom 500 / Crash 500
• Volatility indices (V75, V100, etc.)
• Traders using higher timeframe bias and previous range levels
• Price action and liquidity-based strategies

Customization

Users can easily customize:

• Higher timeframe selection (H1/H4/D1 etc.)
• Projection offset distance
• Candle colors (bull/bear)
• Show/hide Previous candle levels
• Show/hide Previous 2 candle levels
• Labels on/off
• Line width and styles

Important Notes

This indicator is a visual analysis tool only and does not open trades.
Trading involves risk. Always test on a demo account before using on a live account.

Version

v1.30 – Stable Release

Author

B. Martin Letlhoagoje
Support available via MQL5 Inbox