This one fixed all above problems:. Real-time updating or custom interval millisecond level updating. Works as an indicator, so can be saved and reloaded during restart. There is no one converter per chart limitation as it is not script. Auto updating if there is new history block loaded. How to use:. It support 4 parameters:. PeriodMultiplier: new period multiplier factor, default is 2. UpdateInterval: update interval in milliseconds,. Enabled: You can disable it without remove it with this option.
Other parameters are comments or for debugging, it is safe to ignore them. Also Make sure you have Allow Dll imports option checked in common tab or. As long as you keep the source chart open and the converter indicator. If you want to quit MT4, you can leave those offline chart as other.
Do NOT uncheck the "offline chart" option in offline chart common properties. You can attach more than one converter to same window with different. PeriodMultiplier, e. It is even ok to use the M1 chart to generate Hourly chart like H2, which. The real-time updating mode updates quotes as fast as possible, but as.
The offline chart don't have a bid line showing in chart, but all data. Then press "OK". Getting Tick Data First off, we need data to perform our testing on. There are many free sources online, but most have large gaps and missing quotes. Some are only End-Of-Day which is useless for intraday strategies.
Fortunately, Dukascopy has kept a large archive of tick and bar data available for free online. BUT their tick data is surprisingly very accurate and detailed. Why the huge difference between the two; I have no idea. What we want is tick data. Dukascopy's online interface is ridiculously slow. At the same time, one must download tick data one day at a time, that would be amazing slow. Luckily for us, StrategyQuant offers the Tick Data Downloader software which allows us to download tick data automatically.
All one needs to do is to check the pairs they want and the starting and ending dates. Tick Data Downloader will automatically start downloading the time series one symbol at a time. Just make sure to keep your computer on and uninterrupted when the downloading is happening. The tick data is stored in the "tickdata" folder inside the installation directory. It is also where we saved our D2MT4. Many people and resources have talked about.
In my opinion, that's just too much work and takes way too long. Luckily there is an easier method - History Center. Let's open up our MT4 client that we just downloaded. When started up it prompts you to create an account as well as login. Just cancel out of those windows. We are working offline for our purposes for a reason.
When you are connected to a data feed, the History Center is filled up with the data from the server. So when you import your own data, there will be times where your data will actually get replaced.
This is something we must avoid. Which is why we are working offline, on a dedicated MT4 client. You can see the symbols offered. By double clicking on the symbols you can see the different timeframes. This is one of the disadvantages of MT4 strategy testing no tick data support, no variable spread, no commission calculations, or slippage.
Yes, it will lose some precision, but the way I see it is if you are using MT4 to develop strategies, you shouldn't be looking at HFT strategies to begin with. One such feature that we can add is custom time frames, using a simple custom indicator for MT4 called a period converter. Note: MetaTrader 4 comes with a PeriodConverter script, but it has to be reapplied to your charts every time you restart the platform.
The indicator downloaded from this page does not need to be reapplied to your charts after each restart. Step 4 — Open a chart of the currency pair that you would like to make a custom time frame for.
This number can be changed to whatever you like. The chart that you apply this indicator to will be multiplied by this number. Example: If you apply the MT4 period converter with the setting of 2 above to a 5 minute chart, this would produce a 10 minute chart. You can also add multiple instances of the indicator to one chart. In other words, you could create your 10 minute and 20 minute chart from the same 5 minute chart.
You would just have to add two of the period converter indicators to your original 5 minute chart. Step 7 — To use your custom time frames in MetaTrader 4, you must find and open them. See the picture above.
Navigate to and open your newly created custom time frames see the picture below. Your new custom chart times will stay active, as long as the original chart the one that you applied the MT4 period converter to stays open. You must keep the original chart s open the ones that you applied the indicator to or else your newly created custom time frames will not update in real time.
This creates an 8-Hour custom time frame. Next, I apply a second instance of the custom MT4 period converter to my original 4-Hour chart. Now, I have a short, medium, and long time frame group for swing trading setups. This way I can open other charts and profiles, but you can always come back to my custom GBPUSD profile without having to go through these steps again.
I personally use a separate profile for each currency and relative time frame e. Note: Although this custom MT4 period converter is a big improvement over the default script, it can still be resource hungry when many custom charts are open at once.
Setting up groups of custom chart times in separate profiles can save you some headaches, and your CPU will thank you. Multiple time frame trading is a popular technique. In the past, I used these custom chart period groups in MT4 regularly, so I figured you might find this guide helpful.
Now you know how to create your own custom time frames for MetaTrader 4 by using this free MT4 period converter. If you have any questions, please leave a comment. Actually, Metatrader will only go as low as 1 minute. Hi Chris, Can your solution be used on the 5 sec Oanda charts to create 1 second Oanda charts. Or is the 5 sec a predetermined limitation by Oanda the same way MT4 limits to 1 min? This indicator is designed for MT4. Also, it multiplies your time-frame.
It will not divide a time-frame. I guess it depends on the EA. You are essentially creating active, custom charts out of offline charts using the period converter. My guess is that any EA should work on these. The few that I use do. It this case, EA is working for what chart? Do you know if there is an indicator where you can pick the time you want the period to start?
I would like to set up a 12 hour period and have it starting at 9am and 9pm, instead of and This updated indicator on this page has a time shift feature. You can see them all in the first image of this article not including any ads. You should be able to do what you are wanting to do with this indicator. It gives you real time data no need to refresh , but you have to keep the base chart open.
Go to scripts in mt4 and there is exactly the same period converter that you can drag on to your chart , then open offline chart with converted time.
Thanks for commenting. The PeriodConverter script that comes with Metatrader 4 has to be reapplied every time you start the platform up again. Hi Chris: I have download the period converter and for some reason my platform is stuck.
I can not click other window. How do I get rid off the offline window? Hi Chris i just tried the period converter, i checked the common tab but did not see what you said should be cleard before the converter works, i mean the confirm DLL fuction calls. Sorry about that.
I recently updated this article. There were still some old instructions for the original indicator that was downloadable from this page, although I had already switched the download to a new, working indicator. I hope you got it working anyway. This period indicator does not seem to work on the new build Any advice to make it operational? I want to activate my Renko Charts on a 2 minute offline chart. Dave, sorry for the late response. I had to update this page with a working indicator recently.
It should work for you now. But the period converter thats in the code base of your mt4 platform work.. Its under the scripts section.. I just tried it out and works..
Thanks for your comment. Unfortunately, the PeriodConverter script that comes with Metatrader 4 needs to be reapplied to your charts each time you reopen the platform. After add period converter example 2 hours, go to another profile 4 hours chats and come back to 2 hours charts profile, offline charts are not showing real time data. Again need to reload drag period converter to see real time data. Is any other ways offline charts still updated without reload period converter indicator.
You always have to use offline charts when creating new timeframes, but they should work just like your regular charts. As far as switching profiles goes… I do this all the time without a problem. I am trading on multiple currencies, and my main EA takes decisions by looking at different distances to the market, I need at least 3 timeframes for each currency. This article is very, very useful. Thank you. For some reason Metaquotes added this checkbox a few years back.
Just uncheck it, and everything should work like it used to. The offline chart turns into a standard H1 chart. Any idea on how to keep the box unchecked while saving the information during profile switching? Ok, I have now imported this custom indicator into my Oanda MT4.
If I attach it to a chart, nothing happens. No error message. No message in logs. Is it really compatible with MT4? Hello again Sylvain. Yes… the old indicator I had up on this page stopped working with some of the newer builds of Metatrader 4. The current indicator is working fine in the newest builds. Hi, I have MT4 build using the built in periodconverter script. The problem is the script gets removed when I close the platform.
Is there a way to keep it on the chart when closing and reopening MT4? Thanks in advance. I know I confused some folks, because I was recommending that traders temporarily use the built-in PeriodConverter in MT4 while I found a suitable replacement for the old indicator I had up here. Unfortunately, the built-in script has to be reapplied to your charts each time your reopen the platform, or even switch profiles. Hopefully Metaquotes will add a built-in period converter indicator in the future, so that I does not need to be reapplied over and over.
Better yet, let us just create custom time frames by default. Maybe removing this script on close is by design, anyway to confirm that? It used to remain attached to a chart after reopening, because it was an indicator. All scripts are removed from your charts when you close charts, switch profiles, or exit the platform. My broker needs to support it too, because I want to continue trading from my charts. Good news! I would be interested on updates if this is solved.
It can be. I address that in my updated article. I only group 3 time frames for a single currency in each of my profiles. You probably just have too many charts open at once. You might try saving a handful of them in separate profiles or something similar. There was a script floating around, but it was impractical for me to use. You had to let the script rebuild the chart every time you restarted MT4.
I may eventually try to find it again or something similar , and put it up on the site. I am just after a market overview various pairs so I can quickly zero in on what I wish to trade.
0コメント