The indicator is a second-by-second candle timer not dependent on incoming ticks.
The indicator has three functions:
The indicator will count-down the remaining candle time.
At the open of a new candle the indicator has option to fire alert.
If a candle open is late the indicator will count-up the late time until a candle is opened.
Scalpers and short term traders require greater precision and attention with regards timing of opening and closing positions. Candle Timers assist these objectives.
Added to original code:
Convereted from MetaTrader 5 to MetaTrader 4.
New candle alert.
Label alert mode color. Off(green), On(pink), Sound only(blue)
Font bold option.
Tested on Broker Server times GMT +0, +1, +2 and -5;
MT4 Indicators – Download Instructions
[post-title] is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
[post-title] provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install [post-title].mq4?
- Download [post-title].mq4
- Copy [post-title].mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on [post-title].mq4
- Attach to a chart
- Modify settings or press ok
- Indicator [post-title].mq4 is available on your Chart
How to remove [post-title].mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download below: