Mt4 charttime convertor found, need range bar indicator
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From my correspondence with mt4, Ive not been able to get it to work, need help. Fellow traders I give unto you this for your delectation.
Regards
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You can use 'Period_converter.mq4' script (https://www.mql5.com/en/code/7936) to make nonstandard timeframes.
To make M10 period you should:
1. Open M5 chart.
2. Attach the 'Period_converter.mq4' MQL4 file taken from the 'Script' list of the 'Navigator' window to the chart.
3. In the 'Common' tab, check 'Allow DLL imports' and clear 'Confirm DLL function calls'
4. In the 'Inputs' properties tab, please set 'ExtPeriodMultiplier' variable value to 2 (you'll get M5*2 = M10 data).
5. Click OK
6. Open M10 chart in offline mode ('File -> Open Offline' menu). M10 chart will be updated every 2 sec (by default) during M5 chart with the attached 'Period_converter.mq4' script is opened.
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Range Bars are great for forex, given its technical nature, beautiful smooth sweep when breaking out.
Would someone please code a range bar indicator for mt4?