CandleCountdown

General Description

Candle Countdown is a visual indicator for MetaTrader 5 that displays the time remaining until the current candle closes in real-time. The indicator presents information panels attached to Bid and Ask lines, showing countdown timers, current candle type, and other useful information.

Key Features

1. Candle Time Display

  • Countdown Timer: Time until candle close in MM:SS format

  • Elapsed Time: Time since candle opening

  • Percentage Completion: Real-time percentage of candle completion

2. Candle Information

  • Candle Type: Identification of bullish (BULL), bearish (BEAR), or doji (DOJI) candles

  • Color Coding: Green for bullish, red for bearish, gray for doji

  • Current Timeframe: Display of active timeframe

3. Visual Features

  • Price Attachment: Panels follow Bid and Ask prices

  • Yellow Rectangles: Bright information blocks

  • Adaptive Positioning: Automatic adjustment on the chart

  • Visual Icons: ⏱ (timer), ⌛ (hourglass), ● (candle type), 📊 (timeframe)

4. Display Customization

  • Line Selection: Option to display on Bid, Ask, or both lines

  • Information Toggle: Enable/disable individual elements

  • Color Customization: Background, text, border

  • Size and Position: Width, height, offset from edge

Technical Specifications

Supported Timeframes

  • All standard MT5 timeframes: from M1 to MN1

  • Automatic time calculation for each timeframe

  • Correct display on non-standard timeframes

Data Processing

  • Real-time Updates: Updates every second via timer

  • Automatic Synchronization: Adjusts on timeframe changes

  • Stability: Error checking and boundary control

Performance

  • Minimal resource consumption

  • Optimized positioning algorithms

  • Efficient use of graphical objects


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