This indicator can be used to determine when the market closes, depending on where you are. You know that the market closes every weekend. Scalpers can profit or lose money by following the next candlestick formation in a short time frame. If you trade on a 1 hour time frame, it will show you how many minutes you have left until the end of the candlestick. If you trade price action, the indicator can prove to be very useful. How to trade with the Candle Time IndicatorĪlthough the indicator does not generate buy and sell signals, it can be used to organize trading schedules. It does not provide buy and sell signals, unlike other indicators.īesides Candle Time, it is also known by the following names: Candle Clock and Time Indicator, Candle Countdown, Candle Countdown, Candle Countdown, Candle Clock, Bar Clock, Candle Clock, Bar Timer and Candle Timer. The indicator can be used by both day traders and scalpers.
It can be used in any currency pair and time frame. This indicator is easy to use, but very powerful.Īs the name implies, the indicator shows the time remaining until the close of the candlestick. The CandleTime indicator is a great addition to your trading tools. Timing is key, just like in all other aspects of life.
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