Duchesne Candle Timer and Spread
- Indicators
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Eliott Noah Duchesne
MQL5 and Pine Script developer based in France. I turn your trading rules into clean, commented and tested tools.
What I build
- MT5 Expert Advisors: entries and exits, risk-based lot size, time filters, trailing stop, prop firm risk rules
- MT5 indicators with alerts and dashboards - Version: 1.0
Duchesne Candle Timer and Spread shows the time left before the current candle closes and keeps an eye on the spread.
Main features
- Countdown next to the price, updated every second even without new ticks
- Spread now, average and maximum over the last minutes (5 by default)
- The spread line turns orange above your limit
- Optional alert when the spread is above your limit, with a pause between two alerts
- Panel corner, colors and font size to adjust
How it works
The countdown uses the estimated server time. The spread is sampled once per second and kept for up to one hour.
Inputs
- Timer on or off, distance from the last candle, color, size
- Spread panel, window in minutes, corner, color
- Spread limit (points), pause between alerts, popup alert, push notification
This indicator is an analysis tool. It does not open trades and does not give trading signals.
