8- Hour's & Yearly Timeframe?

Hello Guy's
Is it possible to have a 8-Hour's and yearly timeframe option in a timeframe bar?
if it is than how?
Thank's

I think your enquiry might be better placed on the programming forum where Metatrader programmers congregate.

I do know that there is a time frame multiplier for MT4 which would allow 8 hour charts.

Another place to search would be the metatarder website.

Hope this helps...

I think yearly would be a little silly since data only goes back to the 70's, youd only have 30 or so bars. Im not sure if there are data packages you can buy to get more years or not though. As far as 8 hour bars, search the forum for the period_converter indicator and follow the instructions and it can make any chart you want. Even though you have to open an offline chart it will update and take trades realtime.

Hey PipHacker,

Here is the answer to your question. Yes and yes (though not in the timeframe bar). As previously stated, Period_Converter is what you want--it's a great tool that converts standard time frames into custom ones. Anthonybaker some time ago gave very clear instructions, so here is what he said for converting a 5 min. into a 10 min. the same idea could be used for 4 hr to 8 hr:

You can use 'Period_converter.mq4' script 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 'PeriodMultiplier' 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.

I've attached Period_Converter_1, 2 and 3 because if you apply the indicator to more than one graph it stops updating.

As for yearly graphs, or graphs longer than one month, this is also possible but requires a separate indicator which I just found. Attach the Period_Converter_MN indicator to a monthly chart and put 12 in the PeriodMultiplier input. Open the M12 chart in offline mode and you have your yearly graph.

Thank's Guy's & Specially thank you very much PiedPipper for great information in detail
Man you have solved my problem, so nice of you Bro,

PiedPipper - Nice summation, I use an 8hr now and thanks for the period_converter_MN. Hadnt thought about it but maybe I do need it

You guys are very welcome. As a bonus, let me also add this indicator (periodcon) which may actually be better than the Period_Converter_Opt. It appears to keep working when applied to multiple graphs.

Wow great work again PiedPipper
it looks great thanks again
Pip!