This forex indicator is called the MT4 Candle Time Indicator and it is very useful if you want to know how much candlestick time is remaining in a candlestick. Download link is at the very bottom of this post.
This forex candlestick time indicator can also be referred to as these:
- candle countdown indicator mt4
- mt4 bar timer or bar clock
- mt4 candle time remaining
- mt4 candle timer
- candle time indicator
- mt4 time indicator
- candlestick clock
Whatever name you think of or can give, it does not change the function of the mt4 time indicator at all: it is a candlestick countdown timer telling you how exactly how many minutes and seconds are left in the current candlestick before the next candlestick forms.
How The Candle Countdown Indicator Works
As the time for you to take the trades comes closer, this indicator act like a countdown clock of candlestick time remaining…
So for example, if you are trading off a 5 minute chart, it tells you how many minutes and seconds are left before the the next 5 minute candlestick forms.
The chart below show you the example of this candlestick time indicator at work in a 1 hour chart of EURUSD currency pair:
How The MT4 Bar Timer Can Be Used
This candlestick time indicator is particularly useful if you have forex trading strategies that are based on time entries like these:
- the 30 pips a day forex trading strategy
- or news forex trading systems like interest rates news forex trading strategy
Download Link For MT4 Candle Time Remaining Indicator
Ok, here’s your download link (just don’t forget to like,share or tweet this article as a means of appreciation):