// CandleTimer v1.04

FREE

A lightweight MetaTrader 5 indicator that displays the current timeframe, time remaining until the active candle closes, and the live spread in a compact bottom-right HUD panel. Built for traders who use chart shift and want essential timing information without cluttering the price area.

INDICATOR MT5 ONLY
CandleTimer HUD: timeframe countdown and spread panel
> HUD preview with chart shift enabled_

Overview

CandleTimer is part of the FX_TOOLS.LIB free tool line. When Chart Shift is enabled, a fixed bottom-right panel shows:

  • Timeframe + countdown — e.g. M15 03:21 (time until the current candle closes)
  • Spread — e.g. SPR 1.2 (current spread in points)

If chart shift is off, a short on-screen message asks you to enable chart shift so the HUD can be displayed in the intended area.

Features

  • Bottom-right fixed HUD with bordered panel (neon magenta / cyan theme)
  • Updates every second — minimal CPU load
  • Works on any symbol and chart timeframe
  • Customizable colors, font sizes, and panel position margins
  • English UI only

Installation

  1. Download CandleTimer.ex5 (compile from CandleTimer.mq5 if you receive source).
  2. Copy the file to MQL5/Indicators/ in your MetaTrader 5 data folder.
  3. Restart MT5 or refresh the Navigator → Indicators list.
  4. Attach CandleTimer to any chart.
  5. Enable Chart Shift (drag the right margin or use chart settings) to show the HUD.

Input Parameters

  • CountdownColor / SpreadColor / InfoColor — text colors
  • PanelBgColor / PanelBorderColor — HUD box style
  • CountdownSize / SpreadSize / InfoSize — font sizes
  • MarginRight / MarginBottom — panel offset from chart edges

Quick Notes

  • Designed for chart shift ON. Without shift, only the reminder message is shown.
  • Spread is calculated from Ask − Bid and displayed in points for the chart symbol.
  • This tool is for informational purposes only — not investment advice.

Version History

  • v1.04 — Bottom-right boxed HUD; aligned panel and text layout
  • v1.03 — Fixed corner panel with neon styling
  • v1.0x — Initial FX_TOOLS.LIB release (countdown + spread, chart shift gate)
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