CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:

• Remaining and past time of a candle on the current chart or other timeframe
• Alarm setting for play sound at the start of the current candle
• Show SL/TP line defining whether the indicator has a Sell or Buy order or both
• Show a spread value
• Show Ask and Bid lines in different colors in high and low spread
• Compatible with a money management EA (you can buy it separately) for displaying SL/TP lines defined in the EA parameters

Inputs

• Timeframe: timer calculates the time for alarm and shows the remaining or past candle time. If you set this parameter to "", the current timeframe is selected.
• ShowMMExpertSLTP: if you use a money management Expert Advisor and set this parameter to true, the indicator sets the SLLimitPip and TPLimitPip parameters to Expert SL and TP parameters.
• (the Money Management Expert does not exist in my shop yet but will be published later).
• ShowOrderType: show SL and TP line for a sell and buy order.
• alertStartOfCandle: if true, the sound file plays in start of a candle, otherwise it does not.
• WaveFileName: you can input your sound file name with .wav extension. The sound file must be in ...MQL4Sounds directory.

• ShowInformation: if true, text information about spread and timer is displayed, otherwise, it is hidden.
• RemainOrPastTimeOfCandle: if true, the indicator shows the remaining time of a candle, otherwise, the indicator shows its past time.
• ShowSpreadText: if true, a spread is displayed.
• TextColor: information text color.
• TextFont: information text font.
• TextSize: information text size.
• ArowText: select a string of sign for custom defile cursor.

• ShowSLInstant: if true, SL line is displayed.
• SLLimitPip: SL size in pips.
• SLLineColor: SL line color.
• SLLineStyle: SL line style.
• SLLineWidth: SL line width.

• ShowTPInstant: if true, TP line is displayed.
• TPLimitPip: TP size in pips.
• TPLineColor: TP line color.
• TPLineStyle: TP line style.
• TPLineWidth: TP line width.

• DisplaySpreadlines: if true, two lines for Ask and Bid are displayed, and when the spread amount is greater than MaxSpread, a different color is used.
• MaxSpread: maximum spread for showing a different color.
• ColorForSpreadHigh: if a spread exceeds of MaxSpread. The lines colors change to this color.
• AskColor: Ask line color when a spread is less than MaxSpread.
• BidColor: Bid line color when a spread is less than MaxSpread.