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Smart Bar Timer

FREE

Published: 27 July 2025

Current version: 2.1

Smart Bar Timer

The Enhanced Bar Timer is a versatile and customizable indicator for MetaTrader 5 (MT5) that provides real-time information about the current candle, including a countdown timer for the next bar, candle details, volume, and spread. Displayed in the user-specified corner of the chart window, this indicator offers a multi-line or single-line format, allowing traders to monitor critical market data at a glance, enhancing decision-making and trading efficiency.

Key Features

Real-Time Bar Timer: Displays a countdown to the next bar in hours, minutes, and optional seconds, with customizable text color, font size, and font type.
Candle Information: Shows the current candle’s direction (bullish/bearish), size in pips, body size, wick sizes, and percentage change, with color-coded text based on candle direction.
Volume and Spread Data: Optionally displays the current bar’s volume (in millions or thousands) and spread, providing essential market context.
Flexible Display Options: Choose between a multi-line layout for detailed information or a compact single-line format, with adjustable line spacing and positioning.
Seamless MT5 Integration: Fully compatible with MetaTrader 5, ensuring easy setup and optimized performance without impacting platform speed.
Customizable Settings: Configure timer color, bullish/bearish colors, font, display corner, distances from the corner, and toggle visibility of seconds, candle info, volume, and spread.

Benefits

Comprehensive Market Insight: Combines bar timing, candle analysis, volume, and spread data in one indicator, reducing the need for multiple tools.
Enhanced Trading Focus: Color-coded candle direction and real-time data help traders quickly assess market conditions and make informed decisions.
Time-Saving: Eliminates manual calculations of bar timing or candle metrics, streamlining analysis in MT5.
Versatile Use: Ideal for scalpers, day traders, and long-term investors who need real-time insights into price action and market dynamics.
Customizable Experience: Tailor the display to suit your preferences, from minimalist single-line views to detailed multi-line outputs.

How It Works

Install the Indicator: Add the Enhanced Bar Timer to your MT5 platform via the MQL5 marketplace or by importing the .mq5 file.
Configure Settings: Adjust input parameters such as timer color, font size, display corner, and visibility options for seconds, candle info, volume, and spread.
View Real-Time Data: The indicator displays a countdown timer and selected market data in the chosen corner of the chart window, updating every second.
Toggle Display Format: Choose between a multi-line layout for detailed insights or a single-line format for a compact view, with automatic color changes based on candle direction.

Compatibility

Platform: MetaTrader 5 (MT5) only.
Setup: Easy installation through the MT5 platform’s MQL5 marketplace or by importing the indicator file.
System Requirements: No additional hardware or software requirements beyond MetaTrader 5.

Use Cases

Scalping and Day Trading: Monitor bar timing and candle metrics in real-time to make quick decisions during fast-paced trading sessions.
Technical Analysis: Use detailed candle information (size, body, wicks, and percentage change) to complement technical setups in MT5.
Risk Management: Track spread and volume data to assess market liquidity and trading costs, aiding in trade execution decisions.
Education and Analysis: Share clear, data-rich chart displays with students or clients to illustrate market dynamics without clutter.

Installation Instructions

Via MQL5 Marketplace:
- Open MT5, navigate to the Market tab in the Terminal window.
- Search for “Enhanced Bar Timer” and purchase or download the indicator.
- Add the indicator to your chart via the Navigator panel or by dragging it onto the chart.
Via Custom Import:
- Download the Enhanced Bar Timer .mq5 file from the provider.
- In MT5, go to File > Open Data Folder > MQL5 > Indicators, and place the .mq5 file in the Indicators folder.
- Restart MT5, then find the indicator in the Navigator panel under “Indicators.”
- Drag the indicator onto your chart, configure settings (e.g., colors, font, display options), and click OK to activate.

Support

Documentation: Comprehensive setup and usage guides provided upon purchase via the MQL5 marketplace.

Stay ahead of the market with real-time insights. Smart Bar Timer empowers MetaTrader 5 traders with a comprehensive, customizable tool to monitor bar timing and market data, making it an essential addition to any serious trader’s MT5 toolkit.

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The Candlestick Pattern Odds Dashboard is a intuitive indicator for analyzing and displaying real-time statistics for key candlestick patterns. This tool detects patterns such as Engulfing, Change of Character (CHOCH), Imbalance, Pin Bar, and Inside Bar, presenting their performance metrics in a customizable dashboard on the chart. Traders can gain insights into pattern reliability, win rates, and risk-reward ratios, making it an essential tool for data-driven trading strategies. Key Features

49.99 USD

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