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The Candle Time Indicator on the MetaTrader 5 platform displays the exact remaining time until the current candle closes on the chart.
This tool can identify optimal entry and exit points for short - and long-term trades.
Candle Time Specifications Table
The table below details the specifications of the Candle Time Indicator.
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Indicator Categories:
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Price Action MT5 Indicators
Trading Assist MT5 Indicators
Chart & Classic MT5 Indicators
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Platforms:
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MetaTrader 5 Indicators
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Trading Skills:
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Elementary
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Timeframe:
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Multi-Timeframe MT5 Indicators
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Trading Style:
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Day Trading MT5 Indicators
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Trading Instruments:
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Forex MT5 Indicators
Crypto MT5 Indicators
Stock MT5 Indicators
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Indicator Settings
Image below shows a view of the Candle Time Indicator settings:
- Text Color: Font color
- Font Size: Text size
- Font Name: Typeface name
- Display Mode: Visual style
- Shift (Points): Position offset
Conclusion
The Candle Time Indicator is helpful for various timeframes, including 1 minute, 5 minutes, 30 minutes, and 1 hour, in different financial markets. This MetaTrader 5 Indicator can better manage time in short-term and long-term trades depending on the trading strategy.
Is the Candle Time Indicator only applicable in the Forex market?
No, the Candle-Time Indicator can be used in all financial markets, including Forex, cryptocurrencies, commodities, and stocks.
On which trading platforms are Forex trading tools available?
This indicator is available for both MetaTrader 4 and 5 platforms.