Moola Candle Timer MT5

Candle Timer displays a live countdown timer showing exactly how much time remains before the current candle closes. It updates every 500 milliseconds, giving you a near-real-time readout directly on your chart — no more guessing when the next bar will form.

Key Features & Advantages

Two flexible display modes

• Corner Overlay — pins the timer to any corner of your chart screen (top-left, top-right, bottom-left, bottom-right), staying fixed as you scroll or zoom. Ideal for keeping the timer always visible without cluttering your price action.
• On-Candle — floats the timer directly above or below the current candle, anchored to price coordinates. Keeps the information contextually close to where you're focused.

Smart color alerts The timer text automatically shifts color as the candle nears its close:

• 🔵 Your chosen color — plenty of time remaining (above 33%)
• 🟠 Orange — candle is getting close (10–33% remaining)
• 🔴 Red — candle closing imminently (under 10% remaining)

This gives you an at-a-glance warning without needing to read the numbers.

Works on any timeframe Automatically detects the chart period and calculates the correct countdown for M1 through MN charts, displaying as MM:SS for shorter timeframes and HH:MM:SS for longer ones.

Minimal performance impact Zero indicator buffers, no heavy calculations — the indicator only redraws the timer text every 500ms.

Fully customizable appearance Font, size, color, position, and spacing are all adjustable through the input settings.

Input Parameters

Please leave comments and ideas on how we can improve it. 

Enjoy!