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MTF Countdown Timer

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MTF Countdown Timer - Documentation
📊 Overview
The MTF Countdown Timer is a powerful TradingView indicator that displays real-time countdown timers for multiple timeframes simultaneously. It helps traders track exactly when new candles will open across different timeframes, enabling better timing for entries, exits, and analysis.
✨ Key Features

Multi-Timeframe Support: Monitor up to 10 different timeframes simultaneously
Real-Time Countdown: Live countdown showing time remaining until next candle
Smart Display: Only shows timeframes higher than your current chart timeframe
Customizable Alerts: Get notified when new candles open on specific timeframes
Clean Interface: Compact, professional table display with customizable appearance
Flexible Positioning: Place the timer anywhere on your chart

🎯 Use Cases
1. Multi-Timeframe Analysis
Track when higher timeframe candles are about to close to confirm your bias across multiple time horizons.
2. News Trading
Know exactly when key timeframes will print new candles around important news events.
3. Scalping
Monitor lower timeframe countdowns while keeping an eye on higher timeframe closures for optimal entry timing.
4. Swing Trading
Track daily, weekly, and monthly candle closures to time your position entries and exits.
5. Alert Management
Set alerts for specific timeframe candle openings to never miss important market structure changes.
⚙️ Settings Guide
Timeframes Section

Timeframe 1-10: Select from dropdown menus (1m, 5m, 15m, 30m, 1h, 4h, 1D, 1W, 1M)
Show TF: Toggle visibility for each timeframe
Alert: Enable alerts for new candle openings on each timeframe

Display Settings

Position: Choose from 9 positions on your chart
Size: Adjust text size (Tiny, Small, Normal, Large)

Color Settings

Background: Table background color
Timeframe Text: Color for timeframe labels (e.g., "5m", "1h")
Time Text: Color for countdown timers
Border: Table border color

📖 How to Use
Basic Setup

Add the indicator to your chart
Select the timeframes you want to monitor (up to 10)
Enable visibility for desired timeframes using the "Show TF" checkboxes
Position the table where it doesn't obstruct your analysis

Understanding the Display

Top Row: Shows the timeframe label (5m, 15m, 1h, etc.)
Bottom Row: Shows time remaining

Format changes based on duration:

Days & Hours: 2d 14h
Hours & Minutes: 3h 45m
Minutes & Seconds: 04m 32s





Setting Up Alerts

Enable alerts for specific timeframes using the "Alert" checkbox
Create an alert in TradingView's alert menu
Choose from:

Individual timeframe alerts (TF1-TF10 New Candle)
"Any New Candle" for all enabled timeframes


Customize your alert message and notification preferences

💡 Pro Tips
For Day Traders

Monitor 5m, 15m, 30m, and 1h timeframes
Position the timer in the top right corner
Enable alerts for the 1h timeframe to catch major structure changes

For Swing Traders

Focus on 4h, Daily, and Weekly timeframes
Use alerts for Daily candle closes to manage overnight positions
Track Weekly closes for major trend changes

For Scalpers

Use 1m, 3m, 5m, and 15m timeframes
Keep size "Small" or "Tiny" to minimize chart obstruction
Position at top or bottom center for quick glancing

🎨 Recommended Color Schemes
Dark Theme (Default)

Background: Dark blue with transparency
Timeframe Text: Light blue
Time Text: White
Border: Dark gray

Light Theme

Background: Light gray with transparency
Timeframe Text: Dark blue
Time Text: Black
Border: Medium gray

High Contrast

Background: Black
Timeframe Text: Cyan
Time Text: Yellow
Border: White

⚠️ Important Notes

Timeframe Filtering: The indicator automatically hides timeframes lower than or equal to your current chart timeframe to avoid clutter
Performance: Using many timeframes may slightly impact performance on slower systems
Alert Limitations: Each timeframe alert is independent; use "Any New Candle" for consolidated alerts
Time Accuracy: Countdown is based on exchange time and updates in real-time

🔧 Troubleshooting
Timer not showing?

Ensure selected timeframes are higher than your current chart timeframe
Check that "Show TF" is enabled for desired timeframes

Alerts not working?

Verify "Alert" checkbox is enabled in indicator settings
Create the alert through TradingView's alert menu
Ensure you have available alerts in your TradingView plan

Display issues?

Adjust table position if overlapping with price action
Modify size settings for better visibility
Change colors if hard to read on your chart theme
リリースノート
fixed ui errors

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