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If you use price action check out this script

Many traders trust the price action signals (Japanese candlesticks formations) when making a trading decision. If you are one of them, this script will be of great help to you.

A script that combines several Japanese candles from a given time frame is called PeriodConverter and is built in with the installation of Meta Trader 4.

period converter

Double click it or drop it in the chart. This will drive you to a new window

For example, if you are on a daily chart and in the Period multiplier factor field, enter 3, this will merge 3 days into one Japanese candle and you will get a completely new look at the price movement over a 3-day period. To open the new chart, you need to select the File -> Open Offline and then select the appropriate instument. In the current example GBPUSDD3

The result must be something like this:


 Trader Nikolay Georgiev

Varchev Absolute Trader

борсова платформа

  • Търгувай над 3000 финансови инструмента: Crypto, Форекс, Акции, Индекси, Суровини, ETF-и
  • Използвай платформа с директно изпращане ордерите на борсите
  • Cloud base платформа - твоят трейдинг сетъп на всяко устройство
  • Market Sentiment - търгувай с настроенията на инвестиционите банки
  • Top movers - най-горещите трейдове във всеки един момент
  • Stocks scanner - филтрирай най-подходящите за твоя трейдинг стил пазарни инструменти
  • Heat map - Търгувай в посоката на големите играчи
Отвори трейдинг сметка Опитай на демо

Meta Trader 5

  • Търгувай Crypto, Форекс, Акции, Индекси, Суровини - всичко на едно място
  • Автоматизирана търговия с интелигентни стратегии и роботи (Expert Advisors)
  • Разширен технически анализ с хиляди индикатора и инструменти
  • Сигурност и стабилност – платформа, доверена от милиони по света
  • Нулев марджин при насрещни/хеджирани позиции
  • Без комисиона при търговия със CFDs
  • Светкавично изпълнение на сделките


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