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MT4 Plugin – Period Converter

UserPost

3:25 pm
March 8, 2012


FXChris

South Florida, USA

Admin

posts 80

Post edited 3:26 pm – March 8, 2012 by FXChris


This fantastic plug-in allows you to use time frames for your charting that otherwise are not shown/supported on MT4.

Copy this file into your MT4's experts/indicators directory, then reload your MT4 platform.

MT4 allows preset time frames of M1 M5 M15 M30 H1 H4 D1 W1 MN, this plug-in allows you do use charts such as M2 M3 H2 H8 etc.

Once your MT4 is reloaded after the copy, open a chart in relation to the chart you want to see.  In other words if you want a 3 minute chart, open a new 1 minute chart.  If you want a 2 hour chart open a new 1 hour chart.  Once this is done, View Navigator, open custom indicators, then drag/drop the Period_Converter_Opt onto the new M1 or H1 chart.

You should then see the settings pop up, on Common make sure it is as the image portrays..

Then click the inputs tab and edit the Period Multiplier to your desired setting…

Click ok until the box disappears. Once done, minimize that chart permanently, you never want to change time frames on that chart again, and it must remain an open chart on the system in order for your odd time frame chart to operate, so just minimize it.

Then click File, and then Open Offline.  Scroll down the offline box and if you did things right you should see your new chart as a selectable chart as the image shows I did with this 3minute NZD/JPY chart.

A new chart will then open, and even though it says Offline next to the time frame it will be live and accurate as long as you also leave that original 1m/1hr chart open/minimized.

Period_Converter_Opt.mq4  (Right Click and choose Save Link As)

Enjoy Smile

FXChris


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