Candle Countdown MT5
- Indicators
-
Sergey Ermolov
Hi,
I’m Sergey Yermolov — I’ve been developing trading systems and algorithms for over 15 years.
My approach to trading is not about chasing a “holy grail” or promising quick profits.
I don’t sell “money-making robots.” - Version: 1.1
Dual Striker - a new Expert Advisor for Gold trading.
- Live signal +150% -> Real Account
- No Martingale or averaging strategies
Candle Countdown — Accurate Time to Close for MT5
Candle Countdown is a simple and precise tool that shows the remaining time until the current candle closes directly on the chart.
When your entry depends on the candle close, even a few seconds matter.
This indicator helps you see the exact time and make decisions without rushing or guessing.
An indicator for precise control over candle closing time.
The indicator displays:
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time remaining until candle close
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current server time
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spread
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Stop Level
The timer works independently of ticks and is updated using the platform’s internal timer, ensuring stable time display even when there is no market activity.
This provides smooth and consistent countdown performance during low volatility periods.
All information is displayed inside a background panel, making it clearly visible on any chart and not interfering with analysis.
As the candle approaches closing, the timer color changes to help you quickly assess the situation.
MT4 version available: Candle Countdown MT4
Practical Use
Use the timer to improve entry timing and trade management:
- wait for the signal candle to close
- synchronize entries with the opening of a new candle
- avoid premature decisions
The indicator integrates seamlessly into the chart and does not interfere with analysis:
- does not affect chart objects
- remains stable when switching timeframes
- does not overload the terminal
Planned Updates
The indicator will continue to evolve. Upcoming updates include:
- candle progress (%)
- visual progress bar
- sound alert on new candle
- additional interface settings
showing the time remaining until candle close when it matters most.
