Candle Closing Time Remaining (CCTR) MT5
Info
The Candle Closing Time Remaining (CCTR) MT5 is a Indicator for MetaTrader 5 that candle closing time remaining (cctr) mt5 is an indicator that displays the remaining time for an open candle to close. Features:- Changeable color and size.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Candle Closing Time Remaining (CCTR) MT5
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Candle Closing Time Remaining (CCTR) MT5 is an indicator that displays the remaining time for an open candle to close.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Heikin Ashi Candlesticks - another powerful indicator for MetaTrader 5 traders.
Candle Closing Time Remaining (CCTR) MT5 is an indicator that displays the remaining time for an open candle to close.Also recommended: HTF Candles (ICT Power of Three): Higher Timeframe Candles Displayed - similar indicator with strong performance on MetaTrader 5.
Features:
- Changeable color and size.
- Adjustable position in the chart's corners.
- Option to display server time (on/off) [v2].
- Play an alert sound when the candle is about to close [v3].
- Clean code.
The indicator will appear as follows in the weekly time frame:
The indicator can be positioned in the top-left corner as shown below:
Usability Tips:
You can change the display location by setting the 'Location' input field:
- 'Top-left': Display in the top-left part of the chart.
- 'Top-right': Display in the top-right part.
- 'Bottom-left': Display in the bottom-left part.
- 'Bottom-right': Display in the bottom-right part.
To enable or disable server time display, set 'DisplayServerTime' as follows [v2]:
- 'On': Show server time.
- 'Off': Hide server time.
To enable or disable the alert sound, set 'PlayAlert' as follows [v3]:
- 'On': Play a sound when the candle is about to close in less than 5 seconds.
- 'Off': Don't play a sound.
You can also customize the alert sound by entering its name in 'CustomAlertSound' [v3]. Note that the file must be in <terminal_directory>/sounds or a sub-directory, and only WAV files are supported. If left empty, the default sound will play.
Change Log:
- Display candle closing time remaining. [v1]
- Added an input field to show server time. [v2]
- Play an alert sound before candle closure. [v3]
- Improved input types with readable strings. [v3]
- Shortened indicator name in comments. [v3]
You may also like: Vela Mayor MTF: Higher Timeframe Candle Overlay for MT5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property version "3.0"
#property indicator_chart_window
#property indicator_plots 0
enum lctn
{
l1=corner_left_upper,// top-left
l2=corner_right_upper,// top-right
l3=corner_left_lower, // bottom-left
l4=corner_right_lower,// bottom-right.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.