Trade Any Time Frame in MT4
مؤشر لتغيير التايم فريم بحسب اختيارك
تابع الشرح
MT4 Period Converter
The MT4 Period Converter is a indicator that allows you to create charts of any time frame in MT4. You can create H8 charts, M181 charts, D3 charts and any time frame that is a multiple of one minute.
How it Works
This indicator takes a standard chart time frame and multiplies it to create a different time frame. So if you take an H1 EUR/USD chart and multiply it by eight you will have an H8 EUR/USD chart. You could also take an H4 GBP/USD chart and multiply it by two to get an H8 GBP/USD chart.
Download & Usage
- Install both files in the MT4 indicator file.
- Open a one hour chart if you want to convert to higher hourly TF.
- Drag the indicator onto the chart.
- In the parameters box of the indicator you will see a ‘period multiplier’. The number in here is what the current chart is multiplied by. For an H8 chart put in the number 8. If you choose to apply the indicator to a H4 chart then to get an H8 you need to type 2 into the period multiplier field.
- Go to ‘file’ on the top left of MT4.
- Find an option called ‘offline chart’. Don’t worry about the name, the charts are not actually offline, they are live.
- Scroll down in the list of files and find the chart you want. For this example it would be an H8 chart.
- 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 ‘offline’.