MT5 missing Open Offline and Period Converter

New comment
 

I was wondering why MT5 does not have the Period Converter script  (PeriodConverter.mq4) that MT4 has.
Someone mentioned Custom Symbols, but this seems very limited as per documentation and I cannot see how to make bars with different time frames such as 2 Days.

If someone can please explain in steps how to generate different time frames E.g. 2 Day that would be appreciated.
Or if the PeriodConverter.mq4 can be adjusted and Open Offline can be added to MT5 that would be great.

Also do not see why custom Timeframes cannot be added to MT5 as a default option. E.g. 2D should not be more difficult than 1h (current 30min + previous 30min).

 

There are a lot of information about custom symbols on this mql5 portal.
You can search by yourself:

 

Custom Symbols


The forum

  1. New MetaTrader 5 Platform Build 1640: Creating and testing custom symbols - the thread (announcement)
  2. How to create custom symbols and feed it's chart data from a remote server in real time- small thread 
  3. Upcoming Article on generating Non-Standard charts (such as Renko), using MT5’s “Custom Symbols” (similar to “Offline Charts” in MT4) - forum thread
  4. and more here

The articles

  1. MQL5 Cookbook: Trading strategy stress testing using custom symbols - Metatrader 5
  2. Creating and testing custom symbols in MetaTrader 5 - Metatrader 5
  3. How to create and test custom MOEX symbols in MetaTrader 5 - Metatrader 5
  4. Modeling time series using custom symbols according to specified distribution laws - Metatrader 5
  5. more here

CodeBase

  1. Renko 2.0 Offline - library for MetaTrader 5
  2. Renko 2.0 ATR - library for MetaTrader 5
  3. ThirdPartyTicks - script for MetaTrader 5 
  4. RenkoChart - expert for MetaTrader 5
  5. Symbol - library for MetaTrader 5
  6. Renko 2.0 - indicator for MetaTrader 5
  7. and more here

Documentation

  1. Custom symbols 
  2. List of MQL5 Functions
  3. CustomSymbolCreate
  4. CustomSymbolSetString
  5. more here

Metatrader 5 Help

  1. MetaTrader 5 Build 1640: creating and testing custom symbols 
  2. Custom Financial Instruments - For Advanced Users - Trading Operations
  3. MetaTrader 5 Build 1730: projects in MetaEditor and Synthetic financial instruments
  4. and more here

============

MetaTrader 5 Build 1640: creating and testing custom symbols
MetaTrader 5 Build 1640: creating and testing custom symbols
  • 2017.07.21
  • MetaQuotes
  • www.metatrader5.com
Now it is possible to create custom financial instruments in the terminal. Using the new option, you can create any symbol, configure its settings, import your price data to the symbol and view its charts. Creating a Custom Symbol Open the symbol management window using the context menu of the "Market Watch" window and click on "Create Custom...
 
Rescape: I was wondering why MT5 does not have the Period Converter script  (PeriodConverter.mq4) that MT4 has.Someone mentioned Custom Symbols, but this seems very limited as per documentation and I cannot see how to make bars with different time frames such as 2 Days. If someone can please explain in steps how to generate different time frames E.g. 2 Day that would be appreciated.

You are misinformed about Custom Symbols! Custom Symbols in MT5 is much more advanced than Offline Charts in MT4. However, it is also much more complex and difficult to work with, especially for inexperienced or novice coders. Unfortunately, the steps for creating for example 2 Day charts is not as simple as just a few steps.

In the post above, @Sergey Golubev has given you a very extensive list of resources for you to study and to help you develop code for creating Custom Symbols on your own.

If however, you find it mush too difficult, then please consider hiring someone to do it for you instead.

New comment