Updating Co-Ordinates GUI

[Emera]

I have made a very simple GUI which displays the players X and Y. But, i want it to update every 0.05 seconds. I don't yet know how to set timeouts so any help would be greatly appreciated.

PHP Code:

//#CLIENTSIDE 


function onCreated() {
    setTimer(0.05);
    new GuiWindowCtrl("CoOrds_Window1") {
        profile = GuiBlueWindowProfile;
        clientrelative = true;
        clientextent = "109,56";

        canclose = false;
        canmaximize = false;
        canminimize = false;
        canmove = false;
        canresize = false;
        closequery = false;
        destroyonhide = false;
        text = "Co-Ordinates";
        x = 1045;
        y = 596;

        new GuiTextCtrl("CoOrds_Text1") {
            profile = GuiBlueTextProfile;
            height = 20;
            text = "player.x";
            width = 40;
            x = 9;
            y = 7;
        }
        new GuiTextCtrl("CoOrds_Text2") {
            profile = GuiBlueTextProfile;
            height = 20;
            text = "player.y";
            width = 41;
            x = 58;
            y = 7;
        }
        new GuiTextEditCtrl("CoOrds_TextEdit1") {
            profile = GuiBlueTextEditProfile;
            height = 20;
            text = player.x;
            width = 47;
            x = 6;
            y = 26;
        }
        new GuiTextEditCtrl("CoOrds_TextEdit2") {
            profile = GuiBlueTextEditProfile;
            height = 20;
            text = player.y;
            setTimer(0.05);
            width = 47;
            x = 53;
            y = 26;
        }
    }
}