Improved multi-timeframe/offset/chart period converter, P4L PeriodCon.mq4 | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Multi timeframe multi chart 13 replies

Any Good Converter from MQ4 to MQ5? 0 replies

MQ4 to cAlgo Converter 5 replies

Looking for help with this periodcon indicator 3 replies

Backtest custom period? (period converter script) 3 replies

Attachments: Improved multi-timeframe/offset/chart period converter, P4L PeriodCon.mq4
Exit Attachments

Improved multi-timeframe/offset/chart period converter, P4L PeriodCon.mq4

  • #141
  • Nov 4, 2011 5:53pm Nov 4, 2011 5:53pm
Quoting blackmatt
Thanks Erebus
I am tryin to set my charts to close at 5pm New York and generate a working 12 H chart.
Blackmatt,

I get that you are *really* new to MT4, but to respect the time and previous efforts of others, you are really going to need to read Post #1 over-and-over until you grasp the basics that folks have been trying to explain to you here. Read through the whole thread too. It's only 10 pages which won't take long at all. Learning MT4 takes some time but there are already lots of threads that cover the basics. (Do a search). Beyond the basics, Hanover's MT4 Navigational tips and techniques thread has a lot of advanced tips.

You made a reference to attaching the built-in "period_converter" (script), which is complete garbage and that's why this "P4L PeriodCon" (indicator) has been written.

It's obvious (to me, at least) from one of the error messages you posted that you are trying to attach this indicator to the *offline* H12 chart.

Quote
"Illegal timeshift value: 300 min must be a multiple of source TF 720"

The "source TF 720" tells me you added the indicator to a 720min (=H12) chart. This is completely wrong and misses the point that I and others have made that you must add this indicator to a SOURCE (aka "BASE") chart, such as an H1 chart. You pick the right multiplier (12) and if desired, you enter a timeshift value (e.g. "6" hours or whatever) that will control which group of 12-hourly-bars will form each H12 bar. You won't SEE any difference at all on the SOURCE chart but you will get a popup message that tells you what *offline* chart is being generated.

You then use the command: File->Open_Offline, then you find the exact name as in the popup and then you open it.

Furthermore, you must keep the SOURCE chart open forever, or else it won't do any live tick updates anymore (which is why your CandleTime would cease to work).

All this is described in post #1, in particular under the "How to use" section.

I re-wrote this indicator a couple of years ago and put a lot of new functionality into it. Sometimes the popup messages make more sense with respect to what the program *used* to do, and not so much compared to a brand new user picking it up for the first time. As I reflect on the text of the popup message, I will concede to you is that the text is not as clear as it can be. In a future release (which won't be soon) I will change the popup text from:

Quote
Looking for one or more charts named: EURUSD,H12 (offline) (Timeshifted by 0min)

to the new (proposed) text:
Quote
P4L PeriodCon: Do File->Open_Offline of chart: EURUSD,H12 (offline) (Time shifted 0min) and KEEP SOURCE H1 OPEN!


Good luck,
Kent (pips4life)
  • #142
  • Nov 4, 2011 9:01pm Nov 4, 2011 9:01pm
Thanks pips4life. Yes I am completely new to MT4 and I will take your advise and read all that you mentioned.
  • #143
  • Nov 5, 2011 5:30am Nov 5, 2011 5:30am
Very useful indi, thanks Pips4life
  • #144
  • Nov 16, 2011 6:36am Nov 16, 2011 6:36am
Excellent work Pips4life, really. Thanks for your efforts...

One question though: Would it be possible to add an mirror mode, meaning to invert charts? This would be a great addition to the indicator. I am trying it myself but so far I am unsuccessful...
  • #145
  • Nov 16, 2011 2:19pm Nov 16, 2011 2:19pm
Quoting herbun
Excellent work Pips4life, really. Thanks for your efforts...

One question though: Would it be possible to add an mirror mode, meaning to invert charts? This would be a great addition to the indicator. I am trying it myself but so far I am unsuccessful...
That's a good idea. I'll put it on my long-term list of enhancements to consider, but sorry, no promises when. Conceptually though, it seems fairly straightforward to implement. At the time of writing the chart into a data file, just invert every price (OHLC), and also change the output-Symbol() name somehow to indicate it's inverted. The easiest name change would be to add a prefix like "i" or "inv", but a better way would be to analyze the name for the 3-character currency names and if the program finds two of them -- which it should -- just swap them, otherwise add the prefix.
  • #146
  • Nov 16, 2011 2:30pm Nov 16, 2011 2:30pm
Well then maybe I'll beat you to it. If I do, I'll send you the source code, maybe it'll be good enough to make it into your script. but I also don't know when it'll be done(and if my skills are good enough). Thanks for considering it!
  • #147
  • Edited 11:37am Dec 9, 2011 5:49am | Edited 11:37am
Can someone please make me a script or whatever is needed to achieve one common goal:-

1) I need something that shifts time by -1 of the mt4 server time. So all the bars are re-calculated to give different open,close,low,high. For example on 4hr chart, if the time shifts -1, then we will be looking at different 4hr bar open, close, high, low.

2) Is there a way of for us to have our own friday close time and sunday open time? So we can tell it when to close and open for the weekend?

I need these two things.

Is it possible to design something that just caters for this?

I would absolutely love it if someone can create something for me because right now, i am in such difficulty finding a solution, in case some broker goes bust. I want to be able to continue trading forever so long as mt4 is around and I can play around with weekend open and close and also shift time by -1 or more.

Anyone care to help please? Thank you very much
Investor with City Of Investment
  • #148
  • Dec 9, 2011 12:20pm Dec 9, 2011 12:20pm
Quoting murci
Can someone please make me a script or whatever is needed to achieve one common goal:-

1) I need something that shifts time by -1 of the mt4 server time. So all the bars are re-calculated to give different open,close,low,high. For example on 4hr chart, if the time shifts -1, then we will be looking at different 4hr bar open, close, high, low.

2) Is there a way of for us to have our own friday close time and sunday open time? So we can tell it when to close and open for the weekend?

I need these two things.

Is it possible to design something...
It doesn't appear that you have done me the courtesy of reading post#1 and trying out the indicator to see if it does what you need, because it most certainly can do #1 (timeshift). You would have to further elaborate on what you mean by #2 because every broker sets their own hours. Many of them start the week at Sunday 5PM Eastern and end the week at Friday 4:59PM Eastern. What *exactly* is the problem with the charts that the "P4L PeriodCon" indicator produces?? Do you instead want an extra bar inserted? Or does it have an extra bar you don't want, and if so, what should be done with the data in THAT bar (e.g. throw it away, combine it with the following or previous bar, or ...) ? Are you talking H4 bars, or Daily bars or what? Be specific.

I'm just asking the questions which you failed to explain, but I am busy with plenty of other things and don't expect to make such code changes anytime soon if ever. Maybe you should hire a programmer to code it for you and not expect such things for free.
  • #149
  • Dec 9, 2011 6:21pm Dec 9, 2011 6:21pm
Quoting murci
Can someone please make me a script or whatever is needed to achieve one common goal:-

1) I need something that shifts time by -1 of the mt4 server time. So all the bars are re-calculated to give different open,close,low,high. For example on 4hr chart, if the time shifts -1, then we will be looking at different 4hr bar open, close, high, low.

2) Is there a way of for us to have our own friday close time and sunday open time? So we can tell it when to close and open for the weekend?

I need these two things.

Is it possible to...
#1 - As pips4life told you, all the help you need is in Post #1, read it, apply the indicator, use it, learn it, and then get back to us.

#2 - Have your own close & open times? Bit selfish of you don't you think? What about the rest of the forex traders in the world; leave us to suffer with actual market open & close times!
It takes a lot for me to IGNORE you, but you can try.
  • #150
  • Dec 24, 2011 9:08am Dec 24, 2011 9:08am
that's very an excellent works of your on Clock and Candle
What about Candle Chart show open price and close price only. How to make EA Template for that? I think we can see chart better without the Wicks
many thanks
  • #151
  • Feb 9, 2012 7:19pm Feb 9, 2012 7:19pm
Is it posible to have also 2 days bar/candle or 3 days bar/candle in the MT4 ??
  • #152
  • Feb 9, 2012 7:25pm Feb 9, 2012 7:25pm
Quoting osconforiz
Is it posible to have also 2 days bar/candle or 3 days bar/candle in the MT4 ??
Bizarre is what pops into my mind! I mean, there are 5 trading days in a week, so what makes the 2 days bar MON+TUE, then WED+THU, on to FRI+MON, and so on??

I guess, guess being the active word, make a 1 hour base chart with a multiplier of 48, then open the off line chart to see what you get, good luck, and good trading....

I may give it a go, but seeing as it is your idea, why didn't you try it already by yourself?

It takes a lot for me to IGNORE you, but you can try.
  • #153
  • Feb 9, 2012 7:54pm Feb 9, 2012 7:54pm
Quoting osconforiz
Is it posible to have also 2 days bar/candle or 3 days bar/candle in the MT4 ??
The answer is YES

next.....

Attached Image(s) (click to enlarge)
Click to Enlarge Name: 48_2.png Size: 29 KB
Click to Enlarge Name: 48_3.png Size: 44 KB
Click to Enlarge Name: 48_4.png Size: 44 KB
Attached Image
It takes a lot for me to IGNORE you, but you can try.
  • #154
  • Apr 22, 2012 5:26am Apr 22, 2012 5:26am
Hi pips4life

I had an idea that I might use your Indicator to create an offline chart based on the chart being replayed in the Strategy Tester. The idea was that I would be able to see 2 or more timeframes being replayed synchronously. For example, set the ST to M5, add the indicator to this M5 chart twice, once giving a H1 offline chart and the 2nd giving a M15 offline chart . . .

When I add the indicator and configure it I get an Alert and then MT4 locks up . . .

I'm on Build 409, any ideas what is going on ?
20 pips a day isn't too much to ask . . .
  • #155
  • Apr 22, 2012 6:25pm Apr 22, 2012 6:25pm
Quoting RaptorUK
Hi pips4life

I had an idea that I might use your Indicator to create an offline chart based on the chart being replayed in the Strategy Tester. The idea was that I would be able to see 2 or more timeframes being replayed synchronously. For example, set the ST to M5, add the indicator to this M5 chart twice, once giving a H1 offline chart and the 2nd giving a M15 offline chart . . .

When I add the indicator and configure it I get an Alert and then MT4 locks up . . .

I'm on Build 409, any ideas what is going on ?

I haven't tried using it with the Strategy Tester in MT4 but as that tool is pretty limited, I'm not surprised if there are problems. Still, if you get lucky and figure it out, post what your solution/experience is.

If you desire to run a strategy using custom indicators or EA's, I guess you're fairly limited in what you can do with just MT4. However, if you only need fairly standard indicators and intend to test your strategy using manual style backtesting (not an EA in other words), then consider using ForexTester2. It's a decent tool with a UI similar to MT4, and it can display multiple charts (any timeframe, and multiple currency pairs) as you do manual/visual backtesting. However, as stated -- and this is why it's not a complete solution -- it cannot run custom MT4 indicators or EAs. If one is very good at programming, I suppose one could write an equivalent indicator/EA for it, but that's a lot of work (and I've never tried writing any custom tool for ForexTester2 myself).
  • #156
  • Apr 23, 2012 3:28am Apr 23, 2012 3:28am
Quoting pips4life
I haven't tried using it with the Strategy Tester in MT4 but as that tool is pretty limited, I'm not surprised if there are problems. Still, if you get lucky and figure it out, post what your solution/experience is.

snip.
Thanks for the reply.

I used ForexTester for a while a few years ago, I even tried coding in it but found it a little restrictive and feature poor compared to MT4.

Essentially I am trying to replicate some of the functionality that Ninja offers, I have a few tools I have created for MT4 and the last bit is multi-timeframe synchronised PA Replay. I'd use Ninja but Ninja script offers virtually zero functionality to work with Fibs . . .

I'll take a look at your code and see if I can find what is causing my issue.
20 pips a day isn't too much to ask . . .
  • #157
  • Apr 23, 2012 5:17pm Apr 23, 2012 5:17pm
A small update . . .

I sort of got it working, I was using M5 in the Strategy Tester and I created an M15 chart . . . it ran for a minute or so before locking up. I had to set a update interval of 10 secs. Because the ST is running faster than real time I think the Indicator struggles to keep up and can't slow the ST down as it's running in the interface thread.

One solution would be to build similar functionality into an EA and run that in the ST.
20 pips a day isn't too much to ask . . .
  • #158
  • Apr 30, 2012 4:21am Apr 30, 2012 4:21am
Quoting RaptorUK
One solution would be to build similar functionality into an EA and run that in the ST.
Decided to go this route, used period_converter code for reference and built a small script to sit on the offline charts so they can update themselves. Works very well even with 4 offline timeframes below the timeframe running in the strategy tester, e.g. ST H1 + offline M30, M15, M5 and M1
20 pips a day isn't too much to ask . . .
  • #159
  • May 21, 2012 1:56am May 21, 2012 1:56am
Quoting pips4life
That's a good idea. I'll put it on my long-term list of enhancements to consider, but sorry, no promises when. Conceptually though, it seems fairly straightforward to implement. At the time of writing the chart into a data file, just invert every price (OHLC), and also change the output-Symbol() name somehow to indicate it's inverted. The easiest name change would be to add a prefix like "i" or "inv", but a better way would be to analyze the name for the 3-character currency names and if the program finds two of them -- which it should...
Interesting! I found a simple script that modified the default period converter. To avoid confusion, i renamed it to Period_inverter.
However, it don't allow real time update. Without programming background, I'm trying to follow your guideline to modified your indicator, but please let us know if you have done it
Attached File(s)
File Type: mq4 Period_inverter.mq4   7 KB | 624 downloads
  • #160
  • Jul 2, 2012 2:40am Jul 2, 2012 2:40am
Quoting ahelix
Interesting! I found a simple script that modified the default period converter. To avoid confusion, i renamed it to Period_inverter.
However, it don't allow real time update. Without programming background, I'm trying to follow your guideline to modified your indicator, but please let us know if you have done it
i have read this thread and seems theres a lot i need to know to grasp anything where the start of all this and how to use the indicator in the 1st page?/
thankyou gregwilson
0 traders viewing now