A Handy Candlestick Timer for Metatrader 4 (MT4), FX Day Job, Mt4 indicator time left.
Mt4 indicator time left
Title: A Handy Candlestick Timer for Metatrader 4 (MT4), FX Day Job, Mt4 indicator time left.
Keywords: Mt4 indicator time left
Description: Are you looking for a bar or candlestick timer for Metatrader 4? The timing of your candles or bars can be an invaluable tool, especially in day trading...
Get This Handy Candlestick Timer for Metatrader 4 MT4 .
Are you looking for a bar or candlestick timer for MetaTrader 4.
An indicator to count down the time until the next candle or bar.
Then you re in luck.
I ve found a pretty cool candlestick timer to share with you guys.
The timing of your candles or bars can be an invaluable tool, especially in day trading, and even more so if you happen to be a scalper.
I m not sure why MetaQuotes creators of MT4 didn t include this feature in their MetaTrader 4 platform, but luckily for us there are some talented programmers that are willing to share their work with the MT4 community.
As some of you may know, I use a countdown timer in my own trading.
In the past, I used a premium indicator for this feature the one that comes with the Top Dog Trading indicators .
I switched to the CCTR Candle Closing Time Remaining indicator a couple of years ago, and I haven t looked back.
How to Use This MT4 Candlestick Timer Indicator.
In the picture above, I ve marked the candlestick timer positions 0-4 .
Under the Inputs tab of this indicator, change the location variable to these numbers to place the timer in its corresponding position.
Location 0 Put the name of the indicator and a small version of the timer in the upper-left corner.
Location 1 Put the candlestick timer in the upper-right corner.
Location 2 Put the timer in the lower-left corner.
Location 3 Put the timer in the lower-right corner.
Location 4 Put the timer in the upper-left corner.
I personally use location value 3 lower-right corner .
That way, when I use an Expert Advisor, the two aren t fighting for space in the upper-right corner.
You can display your broker s server time with this indicator by turning the displayServerTime function on.
By default, this function is turned off 0 .
Set the value to 1 to turn this function on.
You can also change the font size of the clock as well as the color.
The default font size and color are 9 and silver respectively.
I use 12 and black on my own charts see the image above .
Installation Instructions .
Download and extract the Candle Closing Time Remaining indicator.
Move it to your Indicators folder MetaTrader 4 MQL4 Indicators .
Start or restart MT4.
Open your Navigator window, if it s not already open Ctrl N .
Drag the Candle Closing Time Remaining indicator onto your chart.
Adjust the settings and colors, if needed, and hit the OK button.
There are other MT4 candlestick timers or bar timers out there, but I prefer this one.
Once you get used to using a candlestick timer, you will probably also wonder why MetaQuotes did not include something like this in the default platform.
I use this indicator every day that I trade, so I hope you find this candlestick timer for MetaTrader 4 as useful as I have.
This article was originally posted in 2012.
Still looking for a profitable trading system.
I ve tested 10 systems.
Only 3 were profitable.
Learn more about my 1 recommended trading system, Day Trading Forex Live.
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Wonder if anyone can pls comment.
I tried to install this useful little utility into as many directories as appeared obvious and it shows ok in the custom indicators listing.
However when I drag it into a chart nothing happens and no popup box appears.
Also if I reboot MT4 there is no sign of time for the candle anywhere to be seen.
Something not quite right and any suggestions are appreciated.
Unfortunately, none of these indicators are working in any of the 600 builds of Metatrader 4.
They did not make their software backward compatible.
If you ve got a newer version of Metatrader 4 or you ve updated, that may be your problem.
I ve got to go out and see if anyone has updated these old indicators with newer, compatible code.
Edit The new indicator that I uploaded to this page works fine.
The new indicator that I updated this page with works on the newest builds of MT4.
Great, thanks so much for that.
Have a great day Chris.
I m glad you found it useful.
Thanks for the indicator.
Day Trading Forex Live is a crap copy of Steve Mauro s system.
I m glad you found the indicator useful.
Have you tried Sterling and Steve s systems.
I don t know about Steve Mauro s system.
I just check it out.
It s much more expensive.
Maybe I ll test it in the future.
Sterling s Day Trading Forex Live system works for me.
I would ve given it a bad review if it was a loser.
Yes I have and it is crap.
They are marketeers, not really interested in their students performance.
Dig a bit more and you will find out.
No need for me to say anymore.
I m sorry you had a bad experience with DTFL.
My experience has been completely different.
I would not recommend it if it wasn t working for me.
thanks for indicator.
I just shared it, but thanks for reading.
Bref, thanks for commenting.
I m glad you found this useful.
Chris, just came across your website today as I was looking for a candlestick countdown timer.
I installed the one you recommended from this post.
Thanks for sharing.
Hey, Matt, thanks for the comment.
I ve had and candlestick timer on all of my Forex charts since early 2012.
It s really useful to have.
I m glad you found this useful too.
Hi, when I try to download it for some reason it appears in a pdf format and i cannot extract.
I m not sure what to tell you, Ryan.
It s a zip file.
I just downloaded and extracted the file again to check.
It works fine.
Just coming across this indicator and have installed.
It really solved one of my greatest challenge as my strategy requires accurate timing of when my broker adds new bar.
Thank you for this.
Thanks for the comment.
I m glad you found this useful, Olatunji.
I NEED THE CANDLESTICK TIMER HOW CAN I GET FOR MY MT4 PLEASE HELP.
The download link is in the article under Installation Instructions .
Follow the instructions carefully.
FYI, you can t use any custom indicators with the mobile version of MT4.
This is a great tool but i cant get it to work on custom time frame charts IE 6 hour, 8 hour etc.
Once i load the indicator on it gives me the correct time to candle change but doesn t countdown.
Can this be fixed.
Sorry for the late response.
This indicator always worked on my custom charts, but I haven t used this timer in a couple of months because I ve been testing a new platform.
It s been even longer since I ve created any custom charts.
I ll have to check on this when the market re-opens.
This indicator is excellent.
If you have trouble installing it, simply create a new blank indicator and cut and paste this one in.
Then it works regardless of what version you have.
Thanks for the idea, Andrew.
I haven t used this in a couple of months because I ve been testing a new trading platform.
I ll have to wait until later today or Monday to see if this is still working for me or not.
i need this indicator into mtf candle timer.
for example h1 candle with remaining time on 5 minute chart.
also shows pips move of mtf candle.
I didn t create or even edit this candlestick timer indicator.
I simply uploaded it to my site because I found it useful and I personally use it.
You ll have to look elsewhere for that.
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