Candle overlay indicator
Is there a way to overlay a higher time frame candle onto a lower time frame? MT4 has an indicator called M candles that can do this.
Unfortunately there is no easy way to do so. You can create a custom study that will reference the High and Low of a higher timeframe, however on a sub-minute bar chart, this would show the highest high (or lowest low) since the new minute started. See screenshot.
Would it be possible to do something like this? Pic attached is a 1min candle overlayed on a 10sec chart.
We do have a feature called Chart Analog Overlay that allows this. Overlaid charts can have different symbols and time frames. You can find more details here: http://help.cqg.com/cqgic/19/#!Documents/chartanalogoverlayanalog.htm