B-Clock Indicator
The B-Clock indicator for MT4 is an alpha-numeric technical trading clock that displays the remaining time that is left for a candlestick to close.
Description
The B-Clock indicator for MetaTrader is an alpha-numeric technical trading clock that displays the remaining time that is left for a candlestick to close. With this MT4 indicator, you don’t need to rack your brain to calculate how much time is left for a candlestick to close. In other words, it (the B-Clock indicator) would help you in planning and executing an intended trade with less hassle.
The indicator was not designed to analyze the financial market like other technical indicators but strictly for timing the end of a candlestick. Furthermore, the indicator would be invaluable for scalpers and day/intraday traders in planning and executing trade orders. What’s more, it works on all timeframes and would also come in handy for beginners/intermediate forex traders in their day-to-day trading activities.
How to use the B-Clock Indicator
The above image depicts the action of the indicator on a EURUSD currency pair in the H4 time frame. It shows that the current H4 candlestick on the chart will end in 195 minutes and 25 seconds (<195.25). This implies that the next candlestick would begin to form in exactly 3 hours 15 minutes 25 seconds.
Conclusion
The B-Clock Indicator for MT4 may seem insignificant to some traders because it does not provide any technical analysis of the market. However, it is a great technical tool that would help you to easily ascertain when to expect the next candlestick formation. Besides, it would also come in handy for trade entries and exits. Finally, it is free to download.