New Candle Countdown Timer!
Greetings all,
Don't know if anybody else is looking for something like this but I thought I'd post a (free) countdown timer that can be sychronized with new candle formations:
1. in whatever time frame you choose (5min countdown for me)
2. that keeps reseting itself (repeats the countdown)
3. that sounds an alarm at reset
4. that stays "on top"
5. that is a compact digital minute/second display window.
I tried out quite a few others that
did NOT work well! They either lacked the features, or incurred a time "decay" at the reset.
This one works well!
http://www.nestersoft.com/timeleft/download.shtml
Here's a screenshot:
Timer.jpg
This does everything I wanted and stays in sync for hours,, however:
Synchronizing a Timer to a new candle is NOT as easy as it sounds!
The problem: A new candle "paints" only AFTER there is a price movement since the previous candle.
So, even though, let's say you have crossed over to the "new" candle according to the clock, you won't "see" it until a change in price has occured since the previous candle.
It makes it appear as "random" time changes between candles......though it is not.
The solution:
1. First download the following indicator if you don't already have it.
b-clock.mq4
2. Install the
b-clock indicator and load to a five minute chart.
3. The indicator will print as a "countdown" to the next candle change in minutes and seconds.
HOWEVER, it only "freezes" (prints) the countdown when it "refreshes" at a price change. (
Drives me nuts!! which is why I wanted a synchronized countdown timer to watch the seconds tick off in the first place!!!)
4. The b-clock indicator however IS CORRECT, but ONLY at the moment it prints....which is why we are using it.
5. So, at the very moment it prints a countdown, the b-clock
seconds should AGREE with the countdown timer in
seconds that appears on your Timer readout.
6. The trick is to synchronize (reset) the Timer to get the same countdown display as the b-clock at the moment it "prints." It takes several tries....believe me.
7. Once you've synchronized the
seconds, the
minutes become much easier to sync as well.
Kindest regards to all you hard working traders!!!!
Randy
Linear Mode
