Gold Candle Timer Pro

Gold Candle Timer Pro is a MetaTrader 5 indicator designed to display candle closing time directly on the chart.

It was created for a common intraday trading problem: a trade setup may look valid while the candle is still open, but the final candle close can change the structure completely. This is especially common on active symbols such as XAUUSD, where price can move quickly near the end of a candle.

The indicator does not generate trade signals and does not execute trades. Its purpose is to provide clear timing context, so the trader can see when the current and selected timeframe candles are about to close.

Main features:

  • Current chart timeframe countdown
  • Up to three additional timeframe countdowns
  • Multi-timeframe countdown panel
  • Session time remaining
  • Session time displayed in candle units
  • Visual candle progress bar
  • Trend color based on the current candle direction
  • Optional trend arrow
  • Optional candle-close alerts
  • Alert mode for primary timeframe or all tracked timeframes
  • Popup, sound, push, and email alert options
  • Draggable panel position
  • Auto-scale support
  • Compact mode
  • Customizable panel colors, text colors, font sizes, and progress bar

How it can be used:

  • Wait for candle close confirmation
  • Monitor several timeframes from one chart
  • Watch M1, M5, M15, M30, or H1 timing together
  • Avoid reacting too early before a candle is confirmed
  • Keep session timing visible during intraday trading
  • Check how many candles remain in the current session
  • Use timing context while trading XAUUSD, forex, indices, metals, or crypto symbols

Example panel display:

  • [M30] 20:00
  • M1 00:00
  • M5 00:00
  • H1 20:00
  • Session left: 10 M30 candles
  • Alert: Primary Only | Log: Off

The bracketed row shows the current chart timeframe when this option is enabled.

Multi-timeframe countdown:

Gold Candle Timer Pro can show the active chart timeframe together with selected additional timeframes. This is useful when trading on one timeframe but still watching the close of another important candle, such as M5, M15, M30, or H1.

Session information:

The session line shows how much time remains in the configured trading session. It can also display the remaining time as candle units, for example:

  • Session left: 10 M30 candles

This is useful for traders who work with fixed trading sessions such as London, New York, or custom XAUUSD trading hours.

Alerts:

The indicator includes optional candle-close alerts. Alerts can be configured by threshold and cooldown, and can be used for the primary timeframe only or for all tracked timeframes.

Supported alert types:

  • Popup alert
  • Sound alert
  • Push notification
  • Email notification

Visual layout:

The panel is designed to be compact and readable. It can be moved on the chart and adjusted through inputs. The default visual style uses a blue panel, gold title, colored timeframe rows, and a small progress bar.

Platform and markets:

  • Platform: MetaTrader 5
  • Product type: Indicator
  • Works on XAUUSD
  • Works on forex pairs
  • Works on indices
  • Works on metals
  • Works on crypto symbols
  • Works on other broker-supported instruments

Recommended use:

  • M1 for short-term timing
  • M5 and M15 for intraday entries
  • M30 for session structure
  • H1 for broader candle timing

What this indicator does not do:

  • It does not open trades
  • It does not close trades
  • It does not manage positions
  • It does not generate buy signals
  • It does not generate sell signals
  • It does not predict market direction
  • It does not guarantee trading results

Gold Candle Timer Pro is a timing and chart information tool. It is designed to support the trader’s own analysis, not replace a trading strategy.

Related tools:

If you use Gold Candle Timer Pro for timing, you may also find these tools useful:

Important note:

Trading results depend on the trader’s strategy, broker execution, spread, slippage, account type, symbol conditions, risk management, and market volatility.

A deeper explanation: https://www.mql5.com/en/blogs/post/769009

Risk disclaimer:

Trading financial markets involves risk. Gold Candle Timer Pro provides candle countdown and session timing information only. It does not provide financial advice and should not be considered a complete trading system.

Test the indicator on a demo account first and adjust the settings according to your trading style and broker conditions.

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