MT4 H8 Candles | Forex Factory

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MT4 H8 Candles

  • #1
  • First Post: Sep 23, 2021 5:02pm Sep 23, 2021 5:02pm
Attached Image (click to enlarge)
Click to Enlarge Name: H8.png Size: 154 KB

Hey, I've done the period convert / offline chart trick to get H8 candles but why are they gapping like this?? I tried downloading a H8 indicator but was awful.. You'd think built in method would work, eh?! Any ideas much appreciated.
  • #2
  • Sep 23, 2021 5:38pm Sep 23, 2021 5:38pm
FIX: Use H1 chart - 8x multiplier. Close MT4 > reopen.. take the disc out.. blow on it.. re-insert. you know how it is. Looks beautiful now
  • #3
  • Sep 23, 2021 7:39pm Sep 23, 2021 7:39pm
Use Tradingview

It's awesome, any timeframe you want

And heaps of other features

It takes a lot for me to IGNORE you, but you can try.
  • #4
  • Sep 23, 2021 7:56pm Sep 23, 2021 7:56pm
if you shift to MT5 You can have H8 Timeframe Built in. or Use this
Attached File(s)
File Type: ex4 DaVinci Chart period converter v1.03.ex4   142 KB | 521 downloads
indicator it might help you.
  • #5
  • Sep 24, 2021 2:09am Sep 24, 2021 2:09am
Quoting Erebus
Use Tradingview It's awesome, any timeframe you want And heaps of other features
Moreover hurry up and pay just $1 for subscription before the promo ends!!!!! You cant get it any cheaper than that!!! Cheers
Grit; Knowledge; Right Mindset; All you need to overcome. KIS!
  • #6
  • Sep 24, 2021 5:48am Sep 24, 2021 5:48am
Quoting Octapad
Hey, I've done the period convert / offline chart trick to get H8 candles but why are they gapping like this?? I tried downloading a H8 indicator but was awful.. You'd think built in method would work, eh?! Any ideas much appreciated.
Custom Candle +GMTShift as variant
Attached Image (click to enlarge)
Click to Enlarge Name: Custom Candle +GMTShift_24-09-2021.png Size: 59 KB
Attached File(s)
File Type: mq4 Custom Candle +GMTShift.mq4   24 KB | 813 downloads
study indicator settings and test it well...
  • #7
  • Sep 24, 2021 11:34am Sep 24, 2021 11:34am
Quoting pipibrasci
{quote} Moreover hurry up and pay just $1 for subscription before the promo ends!!!!! You cant get it any cheaper than that!!! Cheers
Quoting Erebus
Use Tradingview It's awesome, any timeframe you want And heaps of other features
Tradingview & MT4 is like Dreamcast & Nintendo for me
  • #8
  • Sep 24, 2021 12:16pm Sep 24, 2021 12:16pm
Quoting Tankk
{quote} Custom Candle +GMTShift as variant {file} {image}

Hey this actually works really well, I've woken up to more gaps today so I'll try this out properly next week! Thanks
  • #9
  • Sep 25, 2021 1:47am Sep 25, 2021 1:47am
Quoting Octapad
{quote} Tradingview & MT4 is like Dreamcast & Nintendo for me
I don't even know what those 2 are, so I have absolutely no frame of reference

It takes a lot for me to IGNORE you, but you can try.
  • #10
  • Sep 25, 2021 8:34am Sep 25, 2021 8:34am
Quoting Erebus
{quote} I don't even know what those 2 are, so I have absolutely no frame of reference
Ford & Ferrrari
  • #11
  • Sep 26, 2021 1:36pm Sep 26, 2021 1:36pm
Quoting Tankk
{quote} Custom Candle +GMTShift as variant {file} {image}
nice tool..,
simple but genius
besides 8H candle
it allows you to make whatever hour candle you want with whenever shift..,

"producing" 5H candle chart.., like investing' one
thank you


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-m30-xm-global-limited cable 5H.png Size: 64 KB
Attached Image (click to enlarge)
Click to Enlarge Name: cable 5H a.png Size: 27 KB
dolce vita
  • #12
  • Sep 26, 2021 3:04pm Sep 26, 2021 3:04pm
Quoting babayaga
{quote} nice tool.., simple but genius besides 8H candle it allows you to make whatever hour candle you want with whenever shift.., "producing" 5H candle chart.., like investing' one thank you {image}{image}
Genius for sure. I see in your charts @babayaga you still have price "underneath". I was playing around and figured out that if you change the colour of your mt4 candles to none in properties and select bar chart then only the custom candles from the @tankk indicator will show.. 6H look great also XD
  • #13
  • Sep 26, 2021 4:07pm Sep 26, 2021 4:07pm
Quoting Octapad
{quote} Genius for sure. I see in your charts @babayaga you still have price "underneath". I was playing around and figured out that if you change the colour of your mt4 candles to none in properties and select bar chart then only the custom candles from the @tankk indicator will show.. 6H look great also XD
yes, I know it
thank you anyway..,
I trade from 1M chart and other time frame (usually 30M & 4H ) "for reference only"

besides, I'd like to check a few things I was thinking recently.., will post it lately
I am glad to find this thread..,
thank you for starting it up
dolce vita
  • #14
  • Sep 26, 2021 4:11pm Sep 26, 2021 4:11pm
Quoting babayaga
{quote} yes, I know it thank you anyway.., I trade from 1M chart and other time frame (usually 30M & 4H ) "for reference only" besides, I'd like to check a few things I was thinking recently.., will post it lately I am glad to find this thread.., thank you for starting it up
Post your thoughts.. a bit of social interaction is good in such a quiet business.
  • #15
  • Sep 28, 2021 4:50pm Sep 28, 2021 4:50pm
Quoting Octapad
{quote} Post your thoughts.. a bit of social interaction is good in such a quiet business.
about my thoughts..,

this 30M chart is with 4H "Custom Candle..." 4H Demark's Pivot that gives you support&resistance during this time period and shows future pivot as well ( wich mean possible direction...)
I think it can be good idea to have it in one place..,
the problem with Demark's Pivot indy that it can be only with standard time frame (...1H, 4H, D....)
I am interested if someone could modificate it..,
I have already asked on "I will code,,," forum.., but without success
https://www.forexfactory.com/thread/...9#post13694239

Attached Image (click to enlarge)
Click to Enlarge Name: goldmicro-m30-xm-global-limited.png Size: 58 KB

cheers
dolce vita
  • #16
  • Sep 28, 2021 4:56pm Sep 28, 2021 4:56pm
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadmicro-m30-xm-global-limited.png Size: 65 KB
dolce vita
  • #17
  • Sep 28, 2021 6:16pm Sep 28, 2021 6:16pm
Quoting babayaga
{quote} about my thoughts.., this 30M chart is with 4H "Custom Candle..." 4H Demark's Pivot that gives you support&resistance during this time period and shows future pivot as well ( wich mean possible direction...) I think it can be good idea to have it in one place.., the problem with Demark's Pivot indy that it can be only with standard time frame (...1H, 4H, D....) I am interested if someone could modificate it.., I have already asked on "I will code,,," forum.., but without success https://www.forexfactory.com/thread/...9#post13694239...
Maybe I'm mistaken but your pivot points are changing? Surely you would just use the Daily pivots?
  • #18
  • Oct 2, 2021 6:37am Oct 2, 2021 6:37am
Quoting Octapad
{quote} Maybe I'm mistaken but your pivot points are changing? Surely you would just use the Daily pivots?
yes..,
daily for the day...
dolce vita
  • #19
  • Oct 2, 2021 1:45pm Oct 2, 2021 1:45pm
Quoting babayaga
{quote} yes.., daily for the day...
i use 2h chart more often to check on the price action
  • #20
  • Oct 2, 2021 1:49pm Oct 2, 2021 1:49pm
Quoting T4Trade
{quote} i use 2h chart more often to check on the price action
2H?., but it's not mt4, is it?
thank you
dolce vita
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