Pip and Time Display Indicator for MetaTrader 5 Download – Free – [TradingFinder]

The Pip and Time Display Indicator is a MetaTrader 5 Trading toolsthat allows price action traders to analyze price movement in more detail and accuracy.

By calculating the movement of the current candle from High to Low and displaying it in the top left panel, it allows users to examine price behavior in a more specialized and professional manner.

Additionally, by showing the remaining time until the current candle closes, this tool enables traders and scalpers to accurately plan their trades and make quick, effective decisions in short-term intervals, which is essential for scalping strategies.

Pip and Time Display Indicator Table

Below are the general specifications of the indicator:

Uptrend

In the 15-minute GBP/JPY chart, the Pip and Time Display Indicator shows the bullish candle’s movement. Traders can use this tool to gain a better understanding of price movement In all styles such as ICT and make more accurate, specialized trading decisions.

Furthermore, scalpers can use the remaining time to close the current candle to analyze price behavior more precisely and quickly make effective analyses on the chart, which is crucial in short-term trades.

Downtrend

In the 15-minute Silver chart, traders can analyze the bearish candle’s movement using the Pip and Time Display Indicator.

This indicator, through its display panel, shows the candle’s movement in pips and the remaining time until the current candle closes. This feature simplifies and enhances price analysis for traders and is valuable for decision-making.

Pip and Time Display Indicator Settings

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

• Text Position: Select the position of the indicator’s panel
• Clr: Choose the display color for the indicator

Conclusion

The Pip and Time Display Indicator is a price action indicator for MetaTrader 5 that allows traders to analyze candle movement from High to Low, giving price action traders the ability to assess candle strength.

This indicator also provides scalpers with the remaining time until the current candle closes, enabling them to evaluate the candle’s closing status and make quick, effective decisions in their trades. This combination of features significantly enhances accuracy and speed in market analysis.