Candle Closing Time Remaining (CCTR) is an indicator that is a tool for counting the time before closing the candle. This means that the CCTR
candle closing indicator helps you determine the remaining candle time in the chart. This indicator is very popular with candle investors, especially it is suitable for traders who deal with intraday trading.
However, MT4 software does not provide CCTR by default, if you want to use it, you need to install it yourself. If you trade candles, the CCTR candle closure rate will help you keep your trading high. You will know the best entry and exit points using it.
Remaining remaining candle closing time has the following features:Can change the color and size of the display. The customized position appears in the chart. Show server time. Beep when the candle is about to close. Clean code.
Why pay attention to CCTR?
For traders trading fluctuations or in the long run you do not need to calculate the entry point in too much detail every second or minute. Just look at the chart once a day to see what happened in the market. The fact that prices have fallen in an hour is of little importance to entrepreneurs of this type.
, however, if you trade in a shorter period of time, accurate calculation of trading time plays an extremely important role. Short-term traders are always determined to act if a new candle appears. With this indicator, you’ll find out when one candle ends and the other one appears per second. As a result, you can take the opportunity to trade quickly and quickly when opening the next candle.
CCTR LOAD INSTRUCTIONS on MT4
MetaTrader 4 (MT4) by default there are no countdown indicators. Therefore, you must manually download and install the CCTR.
Step 1. Download cctr.
Step 2. Unzip the downloaded file and copy it to a folder. If you don’t know where the folder is on your computer, you can right-click the mt4 icon on your desktop and select “Open file location.”
Step 3. Open or restart MT4.
Step 4. In the Navigator window, find the The remaining time to close the candle and drag it onto the chart. If you don’t see the Navigator window, click Ctrl.
Step 5. Set the settings and click OK.
Post appeared for the first time in G-Forex.net.