Cuckoo, cuckoo, how much time is left until the candle closes?
Hello everyone. There are forex indicators for analysis, and there are helper indicators that perform utility, supporting functions, simply making trading more convenient. Today we will talk about one of such "helpers." The CandleCountdown indicator shows how much time is left until the candle closes. This is very convenient when trading on both small and large timeframes.
The CandleCountdown indicator works on any timeframe from M1 to D1; its installation into the terminal is done according to the standard instructions.
After attaching the indicator to the chart (of any instrument), we will see a timer showing the time remaining until the candle closes.
The timer position, color, and font size can be changed in the settings.
Description of settings
FontColor - font color
FontColorLabel - color of the time unit labels (min/sec, hour/min)
BackColor - timer background color
LargeDisplay - turn enlarged font on/off
Corner - in which corner of the chart to display the timer:
1 - top right
2 - bottom left
3 - bottom right
In my opinion, the indicator is most convenient to use on small timeframes where precision is needed, for example M1 and M5, as well as on large ones like H4. On hourly charts everything is clear and convenient anyway.
Download the time-until-candle-close indicator
The CandleCountdown indicator shows how much time is left until the candle closes, which is very convenient when trading on both small and large timeframes.