The Countdown Bar Timer indicator for Metatrader 5 shows the time left until the next bar appears on the trading chart.
The following indicator inputs and parameters can be modified: label color, and label position.
First, familiarize yourself with this technical indicator and test it on a demo account.
It supports all time frames and Forex pairs.
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BarTimeCountDown.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Countdown Bar Timer Forex indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Countdown Bar Timer Indicator?
The indicator does not provide any trading signals.
Please combine with other technical indicators or with an existing trading system of your preference.
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BarTimeCountDown.mq5 Indicator (MT5)
Frequently Asked Questions
How Do I Install This Custom Indicator On Metatrader 5?
- Open the MT5 trading platform
- Click on the File menu button located at the top left part of the platform
- Click on Open Data Folder > MQL5 folder > Indicators
- Copy the BarTimeCountDown.mq5 indicator file in the Indicators folder
- Close and restart the trading platform
- You will find the indicator here (Navigator window > Indicators)
- Drag the indicator to the chart to get started with it!
How Do I Edit This Indicator?
- Click in the open chart with your right mouse button
- In the dropdown menu, click on Indicator List
- Select the indicator and click on properties
- Now you can edit the inputs, colors, levels, scale and visualization
- Finally click the OK button to save the new configuration