For some particular tasks, e.g. video cuts, it may be useful to match the time indication and the timeline resolution with the video frame rate. Both parameters can be adjusted individually for every timeline:
Open the required timeline.
Right-click the time display in the top left corner and select the required display format.
After choosing a frame rate the display can be changed over completely to frames by right-clicking the time display menu again and selecting Frames only.
After choosing a frame rate the default resolution on the time axis is one pixel per frame. After choosing decimal time display one pixel corresponds to 1/20 second in the default resolution.
The default timeline resolution is most quickly enabled by pressing the X key (multiplication) on the numerical keypad. See also Expanding the time axis.
The default timeline resolution can be adjusted within a range from 1/100 to 1 second per pixel. The maximum expansion is 1/1000 seconds/pixel and the minimum one is 10 seconds/pixels. These limits are independent of the specified default resolution. See Timeline Properties.
On tab Status 
in the bottom left corner of the program window the time is displayed at a relatively large size (Advanced License and up). If countdown time was activated, both times are displayed. This tab can also be undocked and moved to any desired location as a window. See also Customizing the program window.
Information on how to countdown the time to the next marker can be found under Counting down to the next marker.
The Locator position can be displayed on the screen as timecode, with the format of the time display (frames or decimal) corresponding to the setting at Locator display. This is done via text objects. See Displaying date, time or timecode on the screen.