Can you take time laps with the X5 on the Osmo ?   

Yeah, of course

Edit:


No, this function was available only on X3, but not available on X5/ X5R

No you can't.

DJI-H.C Posted at 2016-7-12 12:21
Yeah, of course

Osmo with X5/X5R misses some functions that the original camera have, that should be possible to implement.

Well,

since the only way to obtain reasonable good TimeLapse movies with the X3 is to record in regular 4k movie and speed the video up in dedicated post-production tools not provided by DJI my answer would be: yes, the same is possible for the X5 as well.

Let me explain quickly why all the other X3 TimeLapse options are not working really, and so you don´t miss nothing really in the X5:
1) the TimeLapse video mode records only in 720p rather than 4k. That is clearly against the specification and even there is no technical limitatiion for recording 4k @1fps for instance DJI does nothing about it. In addition the resulting video is errornous (bumpy and jumping around) - so pretty much useless. Not to mention the gimbal drift which is still an issue for all recording modes.

2) The jpg recording is always bundled with the stupid TimeLapse video mode, resulting in a maximum jpg recording frequency of 0.5 fps = one picture every 2 seconds. This is far too slow for many applications such as Hyperlapse and requires dedicated postprocessing as well. At least this workflow is somewhat supported by a DJI tool. The limited recording frequency also limits the maximum length of final TimeLapse video, which is around 1:20 Minutes. Sad joke, isn´t it?

So regardless if using X3 or X5 the best way to get rid of most of these limitations is to record in regular 4k video (24/30 fps) and speed the video up in postproduction. This way you can define the speeding factor later on and still adopt it to your needs / best result, which is another benefit of this workflow.