Candle Timer Indicator
The Candle Timer Indicator is a tool used in trading to display the remaining time before the current candlestick closes, which can be crucial for traders to make informed decisions. It typically appears as a countdown timer on the trading chart, showing how many minutes or seconds are left in the current period (e.g., 1-minute, 5-minute, hourly candles). This information allows traders to assess market dynamics, plan entries or exits, and manage their strategies effectively based on the impending candlestick formation, thus enhancing their ability to react promptly to price movements.