I created SL_BCD that displays the remaining time until foot confirmation
It is ShenLong, the dragon of ShenLong Lab (シェンロン ラボ).
For newcomers, allow me to introduce myself briefly.
As an active trader who continues to generate monthly profits with self-made indicators, I have developed over 1,000 indicators and automation tools to date.
ShenLong Lab's 13th item
“SL_BCD (Bar CountDown)”
has been released.
This time, I will talk about why I created this item and tips for confirming the remaining time until a bar closes in MT4/MT5.
In how many seconds will that bar close?
What I was watching was the computer clock.
For 5-minute and 15-minute bars, you calculate in your head when it will close.
Ways to work with standard features
- Look at the computer clock and count down to the bar close
- From the candlestick timestamp and the current time, calculate the remaining time
Both require looking away from the chart to perform the calculation.
It would be nice if the remaining time could be displayed in the corner of the chart.
I myself sometimes wait for the bar to close before making a judgment. SL_BCD was created to remove that hassle.
From here on, I will introduce how to use SL_BCD in a video.