MetaTrader 5 point value and time display indicator download – free | Scalping EA download – MT4/MT5 resources

The Points and Time Display Indicator is a MetaTrader 5 Trading tool that allows price action traders to analyze price movements in more detail and accuracy.

Allows users to examine price action in a more professional way by calculating the current candle's movement High to Low and displaying it in the upper left panel.

Additionally, by showing the remaining time until the current candle closes, this tool allows traders and scalpers to accurately plan their trades and make quick, effective decisions in the short term, which is ideal for scalping strategies.

Point and time display indicator table

The following are the general specifications of this indicator:

Indicators at a glance

The points and time display indicator calculates the candle's movement in pips and displays it in the upper left corner of the chart. It is an effective tool for accurate market analysis. Price action traders can use this feature to specialize in price movements and gain a deeper understanding of market behavior.
Additionally, this indicator also helps scalpers by showing the time remaining until the current candle closes, allowing them to optimize trades with precise timing and make faster and more informed decisions in short-term trading.

Uptrend

In the 15-minute GBP/JPY chart, the Points and Time indicator shows the trend of the bullish candle . Traders can use this tool to better understand price movements in all styles, such as ICT and make more accurate, professional trading decisions.

Furthermore, scalpers can use the remaining time off the current candle to analyze price action more precisely and make effective analysis on the chart quickly, which is crucial in short-term trading.

Downtrend

In the 15-minute Silver chart, traders can analyze the movement of bearish candles using the pip and time display indicator .

This indicator displays the candle's movement in pips through its display panel as well as the remaining time until the current candle closes. This feature simplifies and enhances price analysis for traders and is extremely valuable for decision-making.

Point and time display indicator settings

Here are the relevant set point and time display indicators:

• Text Position: Select the position of the indicator panel
• Clr: Select the display color of the indicator

Conclusion

The Points and Time Display Indicator is a Price Action Indicator for MetaTrader 5 that allows traders to analyze the trend of candles High to Low , giving price action traders the ability to evaluate the strength of candles.

The indicator also provides scalpers with the remaining time until the current candle closes, allowing them to evaluate the candle's closing status and make quick, effective decisions in trading. This combination of features significantly increases the accuracy and speed of market analysis.