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The MT4 bar timer is a useful indicator for traders who are looking to trade on the breakouts, stop losses, and scalping strategy. It displays the time left in seconds of the current candle.
Though it may not be useful for everyone, this indicator can help some traders to use candlesticks or bars more effectively. The close price and related time left for the current candle are displayed as a countdown timer which helps scalpers and breakout traders in particular.
This indicator can be used with all intraday charts, as well as the daily, weekly and monthly charts. Additionally, it can be helpful for new and experienced traders. It is also free to download and install.
Conclusion
FX trades are time sensitive and the MT4 bar timer indicator is a useful tool for scalpers and breakout traders. Here’s why it is so important. Additionally, you can download the indicator for free and install it.
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