Timers in Unreal Engine 5 C++

Creating Timer without arguments

FTimerManager& TimerManager = GetWorld()->GetTimerManager();
FTimerHandle TimerHandle;

TimerManager.SetTimer(
    TimerHandle,                // Timer Handler
    this,                       // Object to call the function on
    &AMyCharacter::MyFunction,  // Function address
    5.0,                        // Delay
    true,                       // To Loop?
    1.0                         // First Delay, by Default -1
);

// Clear Timer
TimerManager.ClearTimer(TimerHandle);

Creating Timer with arguments

FTimerManager& TimerManager = GetWorld()->GetTimerManager();
FTimerHandle TimerArgHandle;
FTimerDelegate TimerDelegate;
TimerDelegate.BindUObject(this, &AMyCharacter::MyArgFunction, 712);
// TimerDelegate.BindUFunction(this, FName("MyArgFunction"), 712);  // Make sure function is marked as UFUNCTION()
// TimerDelegate.BindLambda([]() { GEngine->AddOnScreenDebugMessage(-1, 10.0f, FColor::Red, TEXT("Lambda Called!")); });

TimerManager.SetTimer(
    TimerArgHandle,  // Timer Handler
    TimerDelegate,   // Timer Delegate
    5.0,             // Delay
    true,            // To Loop?
    1.0              // First Delay, by Default -1
);

// Clear Timer
TimerManager.ClearTimer(TimerArgHandle);