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Indicators

Candle Timer with Spread and Swap Countdown MT4 - indicator for MetaTrader 4

Dragos Mihai Ofrim
Dragos Mihai Ofrim

Dragos Mihai Ofrim

4.5 (6)
DuoFX Labs: trading tools for MetaTrader 5 and MetaTrader 4
We build the tools we use ourselves: fast, clean and honest about what they do. Every product ships for both MT5 and MT4 from the same code, is tested on live charts before release, and gets updates when traders ask for something.
10 products 1 signal 6 codes
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Candle Timer with Spread and Swap Countdown MT4

A small text block in the chart corner of your choice with three lines:

  • Bar closes in: time left on the current bar, on any timeframe from M1 to MN1. It changes colour near the close (the last 10% of the bar).
  • Spread: the current ask minus bid, in points.
  • Swap in: time left until 00:00 server time, the usual rollover. "(x3)" is added on the day the broker charges triple swap for the symbol.

The block updates every second from a timer, so the countdown keeps running between ticks and on quiet symbols. When no tick has arrived for more than 5 minutes (market closed, weekend), the first line shows the time of the last tick instead of a countdown.

Notes:

  • MT5 uses the terminal's estimate of the server clock. MT4 has no such function, so the MT4 version takes the server time from the last tick and keeps it running on the local clock. Until the first new tick after loading, the MT4 times can be off (for example at the weekend).
  • Swap is charged at server midnight by most brokers, but check your broker's rollover time.
  • The indicator only draws text labels and removes them when it is taken off the chart.

Inputs

InputDefaultWhat it does
CornerRight lowerChart corner for the text block
Font size10Text size
Text colourSilverColour of all lines
Countdown colour near the bar closeOrangeColour of the countdown in the last 10% of the bar
Show spreadtrueShow or hide the spread line
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A free, read-only utility. It reads an MT4 Strategy Tester report (.htm) and matches every backtest trade with your account history. It then shows the match rate, missed and extra trades, entry and exit slippage, delay, real commission and swap, and how much of the backtest edge survives live.

UT Bot Alerts for MT4 - faithful port with signal statistics panel and daily session filter UT Bot Alerts for MT4 - faithful port with signal statistics panel and daily session filter

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Trading Session Boxes: Tokyo, London, New York MT4 Trading Session Boxes: Tokyo, London, New York MT4

Draws the Tokyo, London and New York sessions of the last few days as boxes from each session's high to its low, with the high and low printed on the chart. Session hours are set in server time.

Previous Day and Week High Low Levels MT4 Previous Day and Week High Low Levels MT4

Previous day high and low, previous week high and low and today's open as horizontal lines with small price labels, on any timeframe.