MT4 Candle Timer

If you are trading in short timeframes, like 30 minutes or less, you know that timing is key. In some strategies it is very useful to know when a bar is closing and the next one is going to start. The MT4 Candle Timer Indicator allows you to see a countdown to the next candles and also be notified in advance before it happens.

What Is The MT4 Candle Timer Indicator

The MT4 Candle Timer Indicator is a simple on chart indicator that helps you to identify when a new bar is going to form.

This indicator has a Candlestick Timer that continuously check the time elapsed since the start of a candle and the remaining time before this closes.

The indicator has a simple window to immediately detect the desired information.

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Why Is The MT4 Candlestick Timer Indicator Useful

So when is a Candlestick Timer useful? If you are trading long term you probably don’t need a candle timer indicator because your entry will not be affected too much by a minute or an hour. However, if you are a scalper or a trader in the short timeframes then you know timing is very important.

The Forex Market is open 24 hours and it only closes during the weekend, and some strategies may be heavily affected by a wrong timing in your position entry.

The MT4 Candle Timer Indicator can show you the remaining time in the current candle so that you can be prepared for the next candle opening.

Some examples of situations that can benefit from this indicator are:

  • Scheduled News coming out
  • Geographic Market Open And Close
  • Scheduled Events happening, usually either financial, economic or political

Also consider that many algorithms run in automated trading might trigger orders at the start of a new candlestick.

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How To Download And Use The MT4 Candle Timer Indicator

You can Download For FREE the MT4 Candle Timer Indicator with the link at the bottom of this page and install it following the below instructions.

The installation is very easy to perform, so is the use.

Once you run the indicator you can set if you want to see an extended interface or a simple countdown.

In the advanced version of the indicator, you can also set a timer to be notified before a new candle starts forming.

The notifications available are:

  • On Screen Alert
  • Email
  • Mobile App
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Candle Timer For MT4

Basic Version
Free
  • Timer Indicator
  • Minimal Panel
  • Advanced Panel
  • Notification Features
Popular

Candle Timer For MT4

With Alert
$19
$ 15
  • Timer Indicator
  • Minimal Panel
  • Advanced Panel
  • Notification Features
Advanced
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Indicator Installation Instructions

To install the Indicator please follow the instructions below:

  1. Download the Indicator file
  2. Open the Metatrader Data Folder (In File > Open Data Folder)
  3. Open the MQL4 Folder
  4. Copy the file in the Indicators folder
  5. (If you downloaded the source code version) Copy the Icon file in the MQL4/Files folder
  6. (If you downloaded the source code version) Copy the Error Handling and Utils files in the MQL4/Include folder
  7. Restart Metatrader

For more detailed instruction on how to perform the installation and a tutorial video please visit this page.

Configuration Of Alerts And Notifications

In order to use the alert and notification feature in the indicator or EA it is necessary to first configure the Metatrader client.

For more detailed instructions please read the alert and notifications configuration page.

Please also keep in mind that in order to receive the alerts your Metatrader client will need to be open and online.

Please feel free to leave a feedback regarding the tool or Contact Us for any further question.

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Reviews

  • Positioning

    Helpful tool indeed. Is it possible to place it above price indicator on the right side? I also notice that it ceases occasionally, what can I do to prevent this.

    1 of 2 people found this review helpful.

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    • You can use the offset parameters to change the position of the panel

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  • How to change panel position

    i had download MT4 candle timer indicator, that great very useful for my trading. thanks!
    May i know how to change the Timer position? Bec i want to change it to Left down corner. Thanks

    1 of 2 people found this review helpful.

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    • Thank you for the feedback, horizontal and vertical offset allow to change the position on chart

      1 of 2 people found this review helpful.

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  • mt4-candle-timer

    One of the greatest indicators

    1 of 2 people found this review helpful.

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  • Candle time

    I apply candle time to 2 brokers with different server time. I run indicator on TF H4. The indicator show same countdown time. But the real time different about 2 hr.

    1 of 2 people found this review helpful.

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    • Hello, Feel free to contact me and send some screenshots so I can look into it, however, if the two brokers have different server times this might well be the expected behaviour because the brokers close the candles at their 12am and start counting there. There is a mathematical formula to calculate the remaining time and I am very confident it is working as per design. Luca

      1 of 2 people found this review helpful.

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  • Very comfortable

    Not intrusive, comfortable.

    1 of 2 people found this review helpful.

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  • Great Tool!!!

    Timer is a great tool!!! Very pleased!!!

    1 of 2 people found this review helpful.

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  • Good but........

    A simple function done well but should be more flexible in positioning. I have to change the offset coordinates to place it in a better spot.

    1 of 2 people found this review helpful.

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  • MT4 timer candle

    Very usefull tool. I reccomend. Thanks!

    1 of 2 people found this review helpful.

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  • Good

    Very good tool to use. I like it. Good work

    1 of 2 people found this review helpful.

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  • Good

    The MT4 timer is excellent ,it’s accurate and helps a lot in timing

    1 of 2 people found this review helpful.

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  • I like it.

    The candlestick time is small and compact, just the way I like it.

    1 of 2 people found this review helpful.

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  • Awesome

    Hands down best timer I’ve ever used on mt4!!!

    1 of 2 people found this review helpful.

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  • MT4 Candle timer

    Nice tool. Let’s you know the candle closing time.

    1 of 2 people found this review helpful.

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  • MT4 timer candle

    The MT4 timer is excellent, it helps a lot in timing and helpful in trading. Thank you a great indicator

    1 of 2 people found this review helpful.

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  • Mt4 timer

    The MT4 timer is excellent ,it’s accurate and helps a lot in timing ..so it’s a great tool to help in trading

    1 of 2 people found this review helpful.

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