Candle Time Indicator

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This is a simple indicator which displays the candle time. This indicator helps a lot when you the charts for a long time and feel lost. It is important to keep track of time because the price action is more volatile during certain time of the day.

Candle Closing Time Remaining (CCTR) is an indicator which displays the remaining time for an open candle to be closed. Features • Changeable color and size. • Changeable location (Corners).

• Display server time (on OR off) [v2]. • Play an alert sound when the candle is going to close [v3]. • Clean code.

Screen Shots The indicator will be shown as follows in the weekly time frame: The indicator will be shown as follows in the top-left location: Usability Tips You can change the location of display time, by setting the location input field as follows: • Set location 'Top-Left': to be displayed in comment in the top-left part of the chart. • Set location 'Top-Right': to be displayed in the top-right part of the chart. • Set location 'Bottom-Left': to be displayed in the bottom-left part of the chart. • Set location 'Bottom-Right': to be displayed in the bottom-right part of the chart. You can on or off server time displaying by setting displayServerTime as follows: [v2] • Set 'On': display server time. • Set 'Off': don't display server time.

You can on or off alert sound playing by setting playAlert as follows: [v3] • Set 'On': play a sound when candle is going to close in less than 5 seconds.- set 'Off': don't play sound. Also you can set your favorite sound as alert by enter it's name on customAlertSound: [v3] • Note that, the file must be located in > Sounds or its sub-directory.

Only WAV files are played. • If you leave the field empty, the default sound will be played. Change log • Display candle closing time remaining. [v1] • Adding an input field to display server time.

[v2] • Play an alert sound when the candle is going to close. [v3] • Change input types to readable strings.

[v3] • Shorten the name of the indicator in comments area. [v3] MetaTrader 5 version:.

An hourly candlestick shown with depth on a currency exchange. A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a,,. Each 'candlestick' typically shows one day, thus a one-month chart may show the 20 trading days as 20 'candlesticks'. Shorter intervals than one day are common on computer charts, longer are possible.

It is like a combination of line-chart and a bar-chart: each bar represents all four important pieces of information for that day: The open, the close, the high and the low. Being densely packed with information, they tend to represent over short periods of time, often a few days or a few. Candlestick charts are most often used in of equity and currency price patterns. They are visually similar to, though box plots show different information. Contents • • • • • • • • History [ ] Candlestick charts are thought to have been developed in the 18th century by, a rice trader of.

They were introduced to the Western world by in his book, Japanese Candlestick Charting Techniques. They are often used today in stock analysis along with other analytical tools such as. In Beyond Candlesticks, Nison says, 'However, based on my research, it is unlikely that Homma used candle charts. As will be seen later, when I discuss the evolution of the candle charts, it was more likely that candle charts were developed in the early part of the Meiji period in Japan (in the late 1800s).' Description [ ] Candlesticks are usually composed of the body (black / white or green / red), and an upper and a lower shadow ().

The area between the open and the close is called the real body, price excursions above and below the real body are shadows. The wick illustrates the highest and lowest traded prices of an asset during the time interval represented.