CandleCountdown

CandleCountdown

General Description

Candle Countdown is a visual indicator for MetaTrader 5 that displays the time remaining until the current candle closes in real-time. The indicator presents information panels attached to Bid and Ask lines, showing countdown timers, current candle type, and other useful information.

Key Features

1. Candle Time Display

• Countdown Timer: Time until candle close in MM:SS format

• Elapsed Time: Time since candle opening

• Percentage Completion: Real-time percentage of candle completion

2. Candle Information

• Candle Type: Identification of bullish (BULL), bearish (BEAR), or doji (DOJI) candles

• Color Coding: Green for bullish, red for bearish, gray for doji

• Current Timeframe: Display of active timeframe

3. Visual Features

• Price Attachment: Panels follow Bid and Ask prices

• Yellow Rectangles: Bright information blocks

• Adaptive Positioning: Automatic adjustment on the chart

• Visual Icons: ⏱ (timer), ⌛ (hourglass), ● (candle type), ? (timeframe)

4. Display Customization

• Line Selection: Option to display on Bid, Ask, or both lines

• Information Toggle: Enable/disable individual elements

• Color Customization: Background, text, border

• Size and Position: Width, height, offset from edge

Technical Specifications

Supported Timeframes

• All standard MT5 timeframes: from M1 to MN1

• Automatic time calculation for each timeframe

• Correct display on non-standard timeframes

Data Processing

• Real-time Updates: Updates every second via timer

• Automatic Synchronization: Adjusts on timeframe changes

• Stability: Error checking and boundary control

Performance

• Minimal resource consumption

• Optimized positioning algorithms

• Efficient use of graphical objects