B-Clock Modified Indicator
Best MTF candlestick clock for Metatrader users. Auto adjusts to current time zones. Helps in scheduling the technical analysis periods. Free download available
CATEGORIES: MT4, INFORMATIONAL
Updated on: 26.10.2023
The B-Clock Modified is a candlestick clock indicator for the Metatrader software. It tells you exactly how much time is left to close the current price candle. This indicator is a must-have tool for novice traders. It will help them if they do not quite understand how long they need to wait before the current candle closes.
This indicator has been developed to save more time for the traders. When you apply this MT4 clock indicator, you don’t need to keep watching the price chart all day long. Because the B-Clock Modified indicator tells you exactly when you’ll see a fresh closed candle. This indicator works best for the price-action traders who depend on the candlestick patterns for making trading decisions.
Furthermore, B-Clock Modified is an MTF indicator. This means you can apply it on any timeframes in between 1-minute to weekly charts of your MT4 platform. Also, it is compatible with all types of trading assets such as forex, stocks, cryptocurrencies, and more.
How to the B-Clock Modified Indicator works in MT4 charts
Once you download and install the B-Clock Modified indicator in the MT4 platform, your chart will appear like the above image.
At the top-right of the chart, you’ll find a short numeric text showing the remaining time to close the current price candle.
For instance, if it shows 37:6, it means the current candle will close exactly after 37 minutes and 6 seconds. It also shows details of the remaining candle closing time in text format at the top-left of the chart.
The B-Clock Modified can auto-adjust to MTF charts. For example, if you switch from H1 to the H4 timeframe, the clock will automatically adjust to the new TF chart and will show the remaining closing time of the current H4 candle.
Moreover, if you’re using multi-timeframe charts in a single MT4 window, you can still apply B-Clock Modified on your charts and be benefited from it.
In the above example, there are 4 different timeframe charts of EURUSD at the same MT4 window. The timeframes we’ve applied here are, 5-minutes, 15-minutes, 1-hourly, and 4-hourly charts. Also, we’ve applied the same B-Clock modified indicator on each chart. As you can see, the clock makes an automatic adjustment with each timeframe chart and shows the remaining time of the candle close individually.
You may use a stopwatch and set an alarm based on the countdown of the candle closing time which works as a candle close alert. Such tricks will help you to avoid sitting on your desks and starring at your charts all day long. Instead, you can save more time for other jobs and come back to your trading chart whenever you receive a candle-close alert.
Conclusion
According to our review, the B-Clock Modified indicator is an ideal tool for price-action traders. Probably you’re expecting a bullish candle on a 4 hourly EURUSD chart and this MT4 clock tells you exactly how long you need to wait until the candle closes. So, it saves time and lets you focus on other technical facts of the market.
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