Pip and Time Display Indicator for MetaTrader 4 Download – Free – [TradingFinder]

The Pip and Time Display Indicator is a trading tool for MetaTrader 4 that calculates the movement of the current candle from High to Low and displays it in pips through a display panel.

Additionally, this indicator helps traders make timely trading decisions by showing the remaining time until the current candle closes. These features simplify trade management and market analysis for users.

Pip and Time Display Indicator Table

Below are the general specifications of the indicator:

Uptrend

On the 1-hour chart of GBP/AUD, the Pip and Time Display Indicator is located in the top-left corner of the chart. Traders can use this tool to analyze the movement of a bullish candle and calculate the pip displacement.

Additionally, the indicator displays the remaining time until the candle closes in its display panel, which is useful for timely and effective decision-making in trades.

Downtrend

On the 5-minute chart of EUR/USD, the Pip and Time Display Indicator shows the movement of a bearish candle.

Price action traders In all styles such as ICT and... can utilize this tool to assess the strength of candle movement from High to Low and gain a deeper understanding of price fluctuations.

For scalping traders, where timing is crucial, this indicator provides a fast and accurate analysis by displaying the remaining time until the current candle closes, allowing for quick and effective responses.

Pip and Time Display Indicator Settings

Below are the settings for the Pip and Time Display Indicator:

• Text Position: Adjusting the panel position of the indicator
• Clr: Setting the indicator display color

Conclusion

The Pip and Time Display Indicator is a price action indicator for MetaTrader 4, offering a highly useful tool for traders to analyze the movement of the current candle with precision.

This indicator enables candle analysis across all timeframes with multi-timeframe capabilities, providing great flexibility in market analysis.

Moreover, by showing the remaining time until the candle closes, it becomes highly valuable for scalping and fast-scalping traders. This feature allows them to align their trading decisions with accurate timing, which is crucial in scalping strategies.