Market / MetaTrader 5 / Utilities /

Seconds Timeframe Candles

FREE

Published: 5 April 2024

Current version: 1.4

Seconds Timeframe Candles

Name: Seconds Timeframe Candles
Rating: 5 (1 reviews)
Author: James Andrew Flannery

Utilities
James Andrew Flannery
Version: 1.4
Updated: 16 April 2024

A 'Seconds Period' chart, offering enhanced precision for charting and analysis. Especially beneficial during volatile market conditions and intraday trading.

This indicator addresses the limitations of MT5's predefined timeframes, allowing for finer granularity down to second intervals.

Since only one EA can run per chart, being an Indicator allows for the additional advantage of running an EA alongside the Seconds Timeframe Candles Indicator on the same chart.

Compatible with any intraday timeframe (excluding H4, Daily, Weekly, and Monthly), providing the flexibility to select from various second intervals or input custom timeframes.

*Automatically resets if the timeframe is changed or after approximately 3 hours of continuous operation

** Here is a little tip to sync the Seconds Timeframe Candles with the Tick Flow Meter:

Make sure both indicators are loaded up with the same seconds interval (e.g.10 seconds).
Select a higher minute timeframe on your main chart.
Now switch back to your original minute timeframe on the main chart and they should both be in sync.

The Advanced version of this indicator which features candle history and indicator overlays such as moving averages and Bollinger Bands may be found here:
Advanced Seconds Timeframe Candles

more...

Sandeep Das 2024.08.27 11:37 #

The utility functions as intended. However, it could be better if you could include the price scale. It helps to know at what second what price.

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Filter:

Sandeep Das 2024.08.27 11:37 #

The utility functions as intended. However, it could be better if you could include the price scale. It helps to know at what second what price.

820

Reply from developer James Andrew Flannery 2024.09.02 14:22 #

Hi Sandeep, Thank you for your 5* review - really appreciated.
You should see a horizontal guideline which shows the current price on the y-axis which should help a little. Unfortunately, the sub window can't be coded to provide a full scale - what you should see is the maximum price and minimum price acting as the highest and lowest values of the scale.

Version 1.4 2024.04.16

Fix: Representing ticks more accurately
Enhancement: More efficient

Version 1.3 2024.04.10

Fix: An issue with asymmetric timeframes between the main window and sub window caused a scaling issue on the x-axis. This has been fully resolved.

Enhancement: Added a horizontal price tracking line to the indicator

Version 1.2 2024.04.10

Fix - bug where scrolling on the sub chart x-axis didn't keep up with the main chart
Enhancement - Open, High, Low, Close data now showing in the Data Window

Version 1.1 2024.04.10

Fixed - Small bug restricting changing indicator window height
Change - Slight, more fitting change to the description of the indicator