Period_Converter_MN – indicator for MetaTrader 4

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • MT4 has some limitations concerining the displaying of the periods charts that are older than monthly.

    As far as some people wish to see the larger periods (for example, half-yearly or yearly), I developed the indicator that allows to do it.


    How to Use:

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    1. Attach only to the monthly chart (MN1) 2. The multipliers are – 2, 3, 4, 6, 123. The minutes files should be opened stand alone! I.e. if you set the multiplier = 12 then open the M12 and see there the yearly candlesticks.

    Of course, if you use some other converters that use the irregular minutes then you should be careful. 🙂

  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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