Is there any way that I can display my indicator by 5 second intervals

[shermilden5000]

The code samples shown below draws and displays the chart per new bar,

https://book.mql4.com/samples/icustom

I want my indicator to be in a separate window and display independently from the main chart.

and it should draw fixed details (non-repainting) at 5 second intervals. Which means when the main chart scrolls, the indicator chart should not scroll with the chart. My indicator has nothing to do with the position of the main chart. Indicator just provides details per 5 seconds and draws a entirely different chart that has no relation to the main chart's position and the scrolling speed.  I want my indicator to scroll per 5 seconds while main chart scroll per 1 minute (in 1 minute chart)

Is that even possible in mql4 and MT4?

[William Roeder]

shermilden5000: Is that even possible in mql4 and MT4?

Or course it's possible. Perhaps you should read the manual.
          Event Handling Functions - Functions - Language Basics - MQL4 Reference
          EventSetTimer - Working with Events - MQL4 Reference