The Candle Counter Indicator is a simple yet powerful visual tool for traders who want precise control and clarity when analyzing charts.
It automatically labels each candle in sequence β 1, 2, 3, 4... β allowing you to track how many bars have formed since a specific time or event. This is particularly useful for educational purposes, market timing studies, or strategies that depend on candle-based cycles.
You can choose when the counter resets:
- At midnight (for 24-hour assets like Forex or crypto)
- At session open (e.g., XAUUSD reopens at 19:00)
- After time gaps (for stocks or assets that pause trading)
With adjustable text color, font size, and positioning, the Candle Counter adapts to any market β Forex, stocks, indices, or cryptocurrencies.
Its goal isnβt to generate signals, but to make your chart reading cleaner and more structured β helping you understand exactly where you are in the sequence of candles at any given time.
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