What is the difference between the the time frames ?

[DayTrader]

In the MT4, I see different time frames 5m, 15m ,30m etc..what is the difference between these time frames ?

[Equity2]

Simply put,the difference lies within each unit time coverage ,for example when trading on a M5 timeframe, each bar or candle would take 5mins to form or each bar or candle would mean 5mins of price action for the specific currency pair likewise M15,M3O , IH, 4H etc...