Overview of the b-clockl_mtf_nmc Indicator
The b-clockl_mtf_nmc indicator for MT4 displays the remaining time for the current candle across multiple timeframes. It shows countdown clocks for each selected timeframe, helping traders stay aware of upcoming candle closures. This tool is useful for those who rely on candle close confirmation or want to time entries and exits precisely.
The clocks appear as overlay text on the chart, color-coded and spaced for clarity. It’s a lightweight, non-intrusive tool that enhances awareness without cluttering the view.
How to Use It in Practice
In practical use, this indicator helps you:
- Track when candles will close across all your key timeframes without switching charts.
- Anticipate breakout setups that depend on candle close confirmation.
- Time entries more precisely on lower timeframes by referencing higher timeframe clocks.
- Stay aligned with your strategy’s timing by monitoring candle cycles visually.
This is especially useful for multi-timeframe traders, scalpers, and breakout traders who rely on exact timing.
Parameter Explanations
ClockColor
Sets the font color for the countdown clocks displayed on the chart.
textGap
Controls the vertical spacing between the clocks of each timeframe.
TimeFrame
If set, the indicator will show only this specific timeframe’s countdown. A value of 0 means all selected timeframes in the next setting are used.
TimeFrames
Defines which timeframes to include in the countdown. Accepts standard MT4 period codes separated by semicolons (e.g., M1;5;15;30;H1…).
