DIG Bar Timer 2.2 OOEL
What’s New in Version 2.2 OOEL:
- We have incorporated all the new OOEL EasyLanguage capabilities.
- Updates four times per second -> more accuracy and better performance (only for TradeStation users).
- Voice Alerts – Seeing is good, hearing is better. Hear how many ticks/seconds are left until the end of the bar.
- Control the vertical location of the plotted text.
What is the DIG Bar Timer
The Bar Timer indicator is highly useful. The indicator plots the time left to the end of the bar or the amount of ticks left to the end of the bar (on tick charts) on the top right corner of your chart. This is useful for traders who like to trade on events and news, for those who like to trade on lower time frames, and especially for those who trade on tick charts. For the first time ever, you can know exactly how many more ticks are needed for a new bar to appear.
The DIG Bar Timer also includes a built-in alert feature that allows you to set the alert to a preset time before the end of the bar or to a preset amount of ticks. This really comes in handy.
AAPL 5 Min Chart
Notice the Yellow Text on the top right corner. “Time Left – 2:24” which indicates that there are exactly 2 minutes and 24 seconds left to the end of the bar.
AA 240 Min Chart
Notice the yellow text on the top right corner. “Time Left – 1:01:44” indicates that exactly 1 hour, 1 minute, and 44 seconds are left to the end of the bar.
GBPUSD 500 Tick Chart
Note the yellow text on the top right corner. “Ticks Left – 383” indicates that exactly 383 ticks remain until the end of the bar.
This is the mega load; this indicator works with ticks. This is the first time you can actually know how many more ticks are needed to close a given bar. This indicator works as soon as you put it on the graph, with no need to wait until a whole bar is built.
The Build In Alert Feature
After numerous requests from our clients to personalize their indicator by adding a built-in alert feature, we have added it as a built-in feature for everyone.
How does the Alert feature Work?
You have a built-in on/off switch. If you choose to use the alert, you can select either the number of seconds before the end of the bar or the number of ticks. As soon as the number of ticks or seconds left is smaller than the specified number, an alert will pop up. Also, the text and color of the DIG Bar Timer on the chart will change.
GBPJPY 644 Tick Chart
Note the unique 644 tick chart; our experts and our traders have found this unique and magical number to be very useful. Please do try it. The indicator was set to alert 100 ticks before the end of the bar; you can see that the text color turned to white and the word “Alert” appears next to it. Also, a window is popped up by TradeStation that looks like this:
- Adjustable colors for standard text and alerts.
- New Extra Feature – Built-in alert before the end of the bar (reminder).
- Works on any time frame: Tick charts, minute, and daily, among others.