Candle Closing Time Remaining CCTR Indicator MT4 + MT5

The Candle Closing Time Remaining CCTR Indicator is a trend-following tool for MT4 and MT5. Also, it plots directional context straight on the chart so you can stay on the right side of the move and filter out counter-trend noise. Alerts fire the moment the trend read flips.

For more like this, browse the more trend indicators for forex or jump to the full all MetaTrader indicators.

What the Candle Closing Time Remaining Cctr Indicator does on the chart

The logic is simple. No machine learning. No curve fitting. Also, no hidden lookahead. The indicator reads the bars and outputs a single visual you can read at a glance.

Still, the Candle Closing Time Remaining Cctr Indicator reads price, volume, and recent bar structure. Thus, it plots the result on the chart. You can read it at a glance. Also, hence, it is built for MT4 and MT5. You drag it onto any chart in one step.

Key features and settings

• Plots a directional reference line on the chart
• Configurable period and method (SMA, EMA, or HMA where applicable)
• Optional colour change on direction flip
• Designed to stay out of the way until the trend changes
• Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels can be toggled independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
• Built for MT4 and MT5; works on every timeframe the platform supports.
• Lightweight code that does not slow down the chart.

Setting	Description	Recommended default
Period	Lookback length used to compute the trend reference	50
Method	Smoothing method for the reference line (SMA, EMA, HMA)	EMA
Color flip	Change colour when the direction flips	On
Color theme	Switch between dark and light chart palettes	Dark
Show on chart	Toggle the on-chart visual without removing the indicator	On

How to read signals from the Candle Closing Time Remaining Cctr Indicator

In practice, this indicator highlights the dominant direction over the chosen lookback. Next, a typical workflow looks like this.

Entry idea (long). Wait for price to pull back to the reference line and resume higher with a strong-bodied candle. Then, wait for the bar to close. Intra-bar values can shift.

As a result, Entry idea (short). Wait for price to pull back to the reference line from below and continue lower with a strong-bodied bearish candle. The same close rule applies.

Exit idea. Some traders take partial profit at one R and trail the rest with structure. Some traders trail with structure. Others trail with the indicator itself.

These are concepts, not rules. Also, still, yet, backtest on your instrument and timeframe before live capital.

Tuning the Candle Closing Time Remaining CCTR Indicator inputs

The tool keeps a short, readable input list: a calculation period that sets how reactive it is, a signal-sensitivity control, and independent toggles for pop-up, sound, email and mobile push alerts. Thus, truly, start with the defaults, then shorten the period on fast charts or lengthen it on higher timeframes. Alerts fire once per closed bar.

Recommended timeframes and instruments

Typically, it needs room for structure to form, so favour the higher timeframes.

• H1 and H4 for reliable, tradable structures.
• Daily for the cleanest patterns and levels.

Below H1 you get frequent, lower-quality structures. Also, still, hence, plainly, it works best on the majors and XAUUSD where swings unfold clearly.

How to install on MT4 and MT5

Installation is the same for every indicator on this site. Also, unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

• Wait for the pattern to complete and confirm with price action before acting.
• Add a momentum check so you are not catching a falling knife.
• Wait for the bar to close before acting on a signal.
• Backtest your configuration on at least 200 closed bars before trading live.
• Keep position sizing small while you learn how the tool behaves on your instrument.
• Review your results weekly and prune settings that underperform.

Get the Candle Closing Time Remaining CCTR for MT4 and MT5

One email unlocks the full library. This The indicator plus the other 1,382 free MT4, MT5 and TradingView indicators we publish and maintain. Next, no paywall, no upsell, same opt-in for all of them – you give an email once and you can grab every tool we ship.

Enter your email and the file lands in your inbox right after. The download is free.

Built by forexmt4systems.com

This This indicator is one of 1,383 free MT4, MT5 and TradingView indicators we publish and maintain. Then, still, every tool ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files, a 4-channel alert system (popup + mobile push + email + sound), and is loaded on EURUSD H1 before release to confirm it draws cleanly without repainting. The same one-step email opt-in below unlocks the entire library – not just this one indicator.

FAQ

What does the Candle Closing Time Remaining CCTR measure?

It plots a clear signal layer that the Candle Closing Time Remaining CCTR computes from recent price and volume on the chart.

Is the Candle Closing Time Remaining Cctr Indicator non-repaint?

Thus, by default the indicator only confirms a signal on the bar close, so the printed signal locks in once that bar closes. Thus, yet, hence, some users prefer the early intra-bar mode for faster signals — both options are in the inputs.

Which timeframe should I use?

There is no single best timeframe. Next, m15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?

In addition, it works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Then, fast-moving instruments may need a smaller period setting.

Can I add alerts?

Yes. Also, still, hence, truly, yet, you can flip pop-up, sound, push, and email alerts on or off from the inputs. On MT4 and MT5 the alert plays on the bar close that triggers the signal. Next, plainly, truly, the tool ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. You toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Also, plainly, alerts trigger once per closed bar.

For external background reading, see the background reading on moving averages. Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use it as one input. Always backtest before trading live.