Ej Candle Time Indicator

Ej Candle Time Indicator

The Ej candle time indicator is an ideal time tracker.

In trading, timing is everything, and massive price movements happen at specific times. For instance, the price might move significantly towards the end of a trading session. For this reason, you might want to know when the time remains until the end of the session. You don’t want to be disturbed by calculating the time when tracking price changes. This is where the ej candle comes in handy.

The Ej candle time is a great addition to your trading strategy to keep track of the time. It shows how much time remains before the close of the session. The indicator helps scalpers know how much remains on small time frame candles, like five minutes and fifteen minutes. You can use the indicator on any time frame to trade instruments or currency pairs.

Ej Candle Time Trade Example
The EJ candle indicator doesn’t give trading signals. However, you can use it to organize your time based on the remaining time for the candle to close. For instance, you can exit a few minutes to close a candle before momentum picks up and goes against your trade position. The indicator also shows you the remaining time on the left topside of the price action window.

The picture illustrates the indicator on the 30 minutes time frame. According to the EJ candle indicator, only five minutes remain before the candle’s end. You might therefore want to exit if you are scalping within a 30 minutes session.

Conclusion
An EJ candle indicator is a useful tool for all types of traders, especially scalpers. It helps you keep track of time to help you determine whether it’s ideal for closing or opening a trade. It is a great addition to every trader.