MT4 Period Converter – Trade Some Time Frame Chart on MT4

Trading tips

I failed to produce this index, I just shared it, therefore I can’t offer support because of it. I don’t actually use MT4 since it really is ten year-old technology that makes it obsolete and outclassed by modern systems.

The index beneath is really a buggy and undependable work around. Rather than working with a work around to add fundamental graph time-frames into a obsolete platform, you ought to upgrade your anti virus platform. Below is just a brief collection of modern platforms that you might look out for.

  • Trading View (what I use)
  • cTrader
  • Meta Trader 5

Good fortune, and I expect you upgrade to some much better trading/charting system shortly.

Updated on: March 15th, 2016

MT4 is the most widely used Forex Currency trading platform for retail traders. MT4 is indeed popular due to it now ‘s means to add customized signs and EA’s.

… One of MT4s biggest drawbacks is the fact that it merely supports nine graph timing frames. These time frames include M1, M5, M15, M30, H1, H4, D1, W1 and MN. When the majority of individuals are delighted with such time-frames lots of traders, for example me, are needs to research other chat timeframes. By way of instance, this season I started trading the H8 graphs also it’s fast become my preferred period frame.

8 Hour Charts

Since ancient 2012 I have been investing in using the H8 graphs. I’ve discovered set-ups with now framework to become incredibly authentic. I’ve experienced a greater proportion of profitable trade on the H8 than I experienced on the 4 h or even D1 this past year. The dilemma is that men and women using MT4 don’t need use of the wonderful period frame. Until today…

MT4 Period Converter

The MT4 Period Converter is an index Which Allows you to produce graphs of virtually any moment framework in MT4. You are able to produce H8 graphs, M181 graphs, D3 graphs and some timeframe that’s really a multiple of about a minute.

How it Works

This index takes a normal chart time framework and multiplies it to produce another time period. Therefore, in the event that you choose an H1 EUR/USD graph and multiply it you will get an H8 EUR/USD graph. You can simply take an H4 GBP/USD graph and multiply it by 2 to obtain an H8 GBP/USD graph.

Download & Usage

Download removed, then browse please browse the very best of the webpage.

  1. Install the documents from the MT4 index file.
  2. Open a 1 hour graph if you’d like to convert into raised hourly TF.
  3. Drag the index on the chart.
  4. In the parameters box of this index you will understand that a ‘period multiplier’. The amount here’s the present graph is multiplied by. For an H8 graph placed from the quantity 8. In the event you decide to use the index to some H4 graph afterward to obtain an H8 that you want to Type2 in to the span multiplier niche.
  5. Go to ‘file’ towards the upper left of MT4.
  6. Find an option called ‘offline chart’. Don’t worry about the name, the charts are not actually offline, they are live.
  7. Scroll down in the list of files and find the chart you want. For this example it would be an H8 chart.
  8. Click on it and the new 8 hour chart will open.

Remember, offline charts update like normal charts. I am not sure why they are called ‘off line ‘.