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Dagangduit Candle Timer MT5

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Published: 22 September 2023

Current version: 1.1

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Overview
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Comments (3)
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Dagangduit Candle Timer MT5

4.2

Indicators
Agus Pujianto
Version: 1.1
Updated: 2 July 2024

Introduction to the Candle Time Indicator

The Candle Time Indicator for MetaTrader 5 (MT5), helps users know how much time on a candlestick is remaining. This is a simple but incredibly powerful and useful tool. To download the Dagangduit CandleTimer.ex5 indicator, check the bottom of this post. It’s one of the best forex time indicators in its category.

The function of the indicator will not change, even if you change the name of the indicator. The candlestick countdown timer will tell you how much time is left on the candlestick until the next candle is formed. It will be broken in minutes and seconds. It works with all time frames.

You can also find the Candle Time indicator under the following names:

candle timer
bar timer
candlestick clock
bar clock
time indicator
candle countdown
candle time remaining

It fits all kinds of timeframes and currency pairs.

The default settings can be modified directly from the input tab. Feel free to experiment with the settings and parameters to fit your personal preferences.

How to trade with the Candle Time Countdown MT5 indicator?

The Candle Time indicator itself does not generate buying or selling trading signals on its own, but it displays the remaining time on a current candlestick. It might be a great addition to your favorite best-proven trading system or can be used in organizing your trading schedule. Whether you are scalping or trend trading, having an eye on candle timing is a wise thing to do.

It means there are 6 minutes and 49 seconds left of the most recent M15 candle on the EURUSD chart.

To sum it up, we think that knowing information like candle time left and current spread are crucial in trading.

Overview of the Candle Time Indicator settings:

Overview of Candle Time Indicator settings.

TextColor: set the color of the countdown clock;
FontSize: set the size of the font;
FontName: set the font you want to use;
DisplayTimeByTheBar: when it is set to true time, it will be shown next to the active candle;
DisplayTimeComment: when it is set to true, it will show a comment on the TOP LEFT part of the chart like: (9 minutes 16 seconds left to bar end);
TextUsuallyAbovePriceLine: when it is set to true, candle end time will be displayed above the Price line. If set to false it will be displayed below price line;
SpreadFactor: specify how far away (up or down) from the Price line will the candle end time be displayed. Bigger the number further away the price will be.

How to set up the Candle Time indicator in MT5?

Installation Guide

Copy and paste the Dagangduit CandleTimer.ex5 or Dagangduit Candle Timer.mq5 indicator files into the MQL5 folder of the Metatrader 5 trading platform.

You can gain access to this folder by clicking the top menu options, that goes as follows:

File > Open Data Folder > MQL5 > Indicators (paste here).

Now go to the left side of your MT5 terminal. In the Navigator find the gauge name, right-click it and select Attach to the chart.

www.dagangduit.com

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Apo_xmns 2024.07.18 12:47 #

Very useful

ari irawan 2024.07.02 02:07 #

Mantap

735

65638263 2024.06.12 03:06 #

lo estoy provando, se ve prometedor muchas gracias

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The "Alligator" indicator is a powerful technical analysis tool designed to assist traders on the MetaTrader 5 (MT5) platform in identifying market trends and potential price reversal points. This indicator is based on a concept developed by Bill Williams, a renowned technical analyst in the world of trading. How the Indicator Works: The Alligator indicator operates by using three Moving Average (MA) lines with different periods. These three lines are: Jaws: This is a Moving Average line with a

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Daily Monitoring : The indicator automatically calculates and displays the daily drawdown on your trading chart, allowing you to see how well you're performing on a daily basis. Risk Management : By monitoring daily drawdown, traders can better manage their risk. It helps to keep daily losses within acceptable limits. Real-Time Information : Daily drawdown is updated in real-time, providing accurate and up-to-date information about your trading performance. How to Use: Activate the "Daily Drawd

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The DD_Profit_Monitor MT5 indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to monitor profits in real-time with the following key features: All Time Profit : Displays the total profit earned since the beginning of the trading account's usage. This feature helps traders see the overall performance of their trading activities. Daily Profit : Displays daily profits, allowing traders to monitor their daily performance more specifically. Key Features: Al

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The "Dagangduit Spread Indicator" is a versatile tool designed to provide traders with essential information about the current spread in the chart window. This indicator offers customizable features, including font parameters, display location on the chart, spread normalization, and alerts to enhance your trading experience. Key Features: Real-time Spread Display : The indicator displays the current spread in real-time on your trading chart, allowing you to stay informed about the cost of execut

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The DD_PL Running MT5 indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to display real-time running profit and loss (P/L), providing essential information about your trading account's performance. Key Features: Real-Time P/L Monitoring : Calculates and displays profit and loss in real-time. Visual Indicator : Uses labels and colors to provide a visual representation of profit and loss status. Customizable Display : Allows adjustment of text color, b

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The DD_ATR MT5 indicator is a trading tool developed by the Dagangduit Core Team . This indicator is designed to calculate and display the Average True Range (ATR) in real-time, providing traders with essential volatility information to aid in their trading decisions. Key Features: ATR Calculation : Calculates and displays the ATR for the selected timeframe. Multiple Timeframes : Displays ATR values for multiple timeframes (M1, M2, M3), giving traders a comprehensive view of market volatility.

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Etienne Sales 2024.10.23 12:44 #

Unable to use it English would probably make it usefull

Apo_xmns 2024.07.18 12:47 #

Very useful

ari irawan 2024.07.02 02:07 #

Mantap

735

65638263 2024.06.12 03:06 #

lo estoy provando, se ve prometedor muchas gracias

MajaFischer 2024.03.16 09:15 #

It works great, thank you

1463

xlxAxlx 2024.01.23 12:53 #

User didn't leave any comment to the rating

Version 1.1 2024.07.02

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