P4l Candletime

⏱️ Free MT4 indicator that tracks candle open/close times
📊 Displays time remaining for current candle
⚡ Color-coded alerts for visual time cues
🎯 Ideal for scalping, intraday, and time-based strategies

The P4L CandleTime Indicator is a popular and free Forex tool for MetaTrader 4 (MT4) that helps traders monitor the time left until the current candle closes. This simple yet effective indicator is perfect for traders who rely on time-based strategies, such as scalping or intraday trading.

🔑 How it works:

  • Displays the time remaining until the current candle closes on the selected timeframe

  • Works across multiple timeframes: M1–M5, M15–M30, H1–H4

  • Color-coded changes provide a visual cue as the candle approaches closing

  • Easy to install and suitable for all skill levels

🎯 Why traders use it:

  • ✅ Helps time entries and exits more precisely

  • ✅ Supports scalping and day trading strategies

  • ✅ Provides a clear visual indication of candle progression

  • ✅ Works with any currency pair or chart setup

The P4L CandleTime Indicator is an essential tool for traders who want to track candle durations and make informed, timely trading decisions. It is free, user-friendly, and helps enhance trading accuracy on the MT4 platform.

Input Settings & Controls

Text & Font Settings

  • TextColor → Color of the displayed text or labels.

  • Font Size → Size of the text.

  • Font Name → Typeface used for the text display.

Time Display Options

  • Display Time By The Bar → Toggle to show time aligned with each price bar.

  • Display TimeComment → Toggle to show comments or notes with the time display.

  • Text Usually Above PriceLine → Option to position the text above the price line on the chart.

Spread & Time Adjustments

  • SpreadFactor → Factor used to adjust or normalize the spread.

  • Auto Time Shift Adjust → Automatically adjusts the time display based on chart or session shifts.

  • AdjustWeekly Time RemainBy_min → Adjusts the remaining weekly time in minutes for display or calculation purposes.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
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  • Any such use is at the user’s sole discretion and risk.
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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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