Want an mt4 indicator that tells you how much times is remaining on a candlestick in any timeframe? MT4 candle time indicator is your answer. Download here.

Posted on November 11, 2013 in Never miss another Candle close with Candle Time Indicator! This is a Candle Time indicator which shows how much time is left before candle closes. The indicator shows the time in: hours:minutes:seconds to the end of the current candle. It works with all time-frames. Time is updated on every tick. This are the available settings for Candle Time Indicator which you can change: • TextColor: choose color of the countdown clock • FontSize: Size of the font • FontName: font you want to use • DisplayTimeByTheBar: If set to true time will be shown next to the active candle • DisplayTimeComment: If 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: If set to true candle end time will be displayed above the Price line. If set to false it will be displayed below price line.

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• 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. AutoTimeShiftAdjust: It adjusts for Symbol() names like: “EURUSD+1H”. However, change to “false” if your Symbol() name DOES contain a natural “-” or “+” sign. TimeRemainByMin: At least one broker’s Weekly feed has a flakey error.

The weekly bars SAY they begin on calendar Sunday at 00:00:00 but in fact the first few hours of Sunday trades are applied to the *previous* weekly bar, and then a new weekly bar occurs starting Monday 00:00:00. The broker’s weekly bar start time is a lie by exactly 1 day. Adding a single day of minutes (1440) to the timer provides the true time remaining. This variable is a hack to fix the broker’s error.

Alternatively, this variable could be used for a different purpose: The weekly transition may occur over a weekend. This adjustment *might* be able to be used to count down to the broker’s Friday close. However, that may result in “negative” seconds at the beginning of the week.

145 Shares Wouldn’t it be great if there was an indicator that could help you identify candlestick patterns? Well, there is.

In fact, there are many. The problem is most of them are terrible. I recently tested a bunch of the most popular indicators of this kind to find out which is the best candlestick pattern indicator for MT4. Personally, I don’t need an indicator to help me identify candlestick patterns anymore. Ceramic 3d torrent software. Also, since I apply my own filters to qualify good candlestick patterns, simply pointing out candlestick patterns isn’t necessarily very useful to me.

See one of the updated articles in to see what I mean. However, when I first started trading candlestick patterns, a good candlestick pattern indicator for MT4 would have been very useful to me, so I figured some of you would find this useful. The Best Candlestick Pattern Indicator for MT4 I chose the 3 indicators below after testing many candlestick pattern indicators for MT4. Many of the indicators I tested were junk.

Others no longer worked. The indicators that I could get working were ranked by their ability to identify strong reversal patterns. Keep in mind that just because an indicator made it onto this list doesn’t mean that I’m endorsing it.

In fact, I’m only recommending one of these indicators and even it isn’t perfect. I’ll explain more below. The screenshots used are from the same broker, timeframe, and section of the chart. My hope is that this provides a fair comparison. Below are my top 3 picks, including the best candlestick pattern indicator for MT4 that I could find: #3 Pattern Recognition Master I noticed a few other websites recommending this indicator, so I had high hopes for it.

Unfortunately, it didn’t live up to the hype. The indicator claims to identify 10 popular candlestick patterns (5 bullish and 5 bearish patterns). Each individual candlestick pattern can be turned on or off. Alerts for each individual pattern can be turned on or off as well. It also has the option to set a separate color for each pattern. Note: Of the 3 indicators listed on this page, this is the only one that allows you to assign a separate color to each candlestick pattern. It uses abbreviated labels, which keeps the chart less cluttered, and includes an onscreen legend to help you identify each pattern that is highlighted.