Multi Candle Timer MT5

  • Utilities
  • Andrew Mcculloch
    Andrew Mcculloch
    3 (2)
    I build real tools that can help you with your trading. If you want AI characters selling you a dream, I cannot help you.

    Message me if there is indicators/features you want added to current indicators or have an idea for an indicator to be developed.
  • Version: 1.0

Always Know When the Candle Closes!The countdown is right there on the chart, updating every second.

If you find this indicator useful, please leave a review


How It Works

The indicator displays up to three independent candle close countdowns on your chart, each set to any MT5 timeframe. Monitor your chart timeframe, a higher timeframe, and a lower timeframe simultaneously — all without switching charts.

Slot 1 defaults to your current chart timeframe. Set slots 2 and 3 to any timeframe you want to track, or leave them disabled.

Where It Sits

Two display modes:

Price line - The countdowns sit next to the bid price on the right side of the chart. Moves with price, looks native, stays out of the way.

Corner - Anchored to any of the four chart corners with adjustable margins. Repositions automatically if the chart is resized.

Urgency Highlight - When a candle enters its final stretch, the countdown colour changes to a configurable urgent colour. Default is the last 10% of the bar — the final 6 seconds on M1, 30 seconds on M5, 6 minutes on H1. Set to 0 to disable.


Configuration

Countdown 1 (default: Current) — First countdown slot. "Current" uses whatever timeframe the chart is on.

Countdown 2 (default: M5) — Second slot. Set to any timeframe, or "Current" to disable.

Countdown 3 (default: off) — Third slot.

Timer position (default: Corner) — Display next to the price line or in a chart corner.

Corner (default: Right Upper) — Which corner to anchor the timer when using corner mode.

Margin X / Y — Pixel offset from the chart edge.

Font / Font size — Customise to match your chart style.

Text colour — Normal countdown colour.

Urgent colour (default: Gold) — Colour when the candle is near closing.

Urgent at final N% (default: 10) — When to switch to the urgent colour. Set to 0 to disable.

Show timeframe label — Toggle the "M5" / "H1" prefix next to each countdown.

Show background — Toggle the panel background on or off for a cleaner look.

Background / Border colour — Match your chart theme.


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Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
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