2 minute charts on MT4

[Philip_Hodgson]

Is it possible to get a 2 minute chart of DAX and DOW on MT4? I would like to use the EasyOrder script to automatically calculate my stake size when opening trades on a 2 minute chart, but I can't find one anywhere, and can't work out how to create a custom chart..

[Caseynotes]

2 hours ago, Philip_Hodgson said:

Is it possible to get a 2 minute chart of DAX and DOW on MT4? I would like to use the EasyOrder script to automatically calculate my stake size when opening trades on a 2 minute chart, but I can't find one anywhere, and can't work out how to create a custom chart..

Hi, yes you can, there is a period coverter with mt4 and in the IG download app pack but a better one you can download from this page.

MT4 Period Converter - Use Custom Time Frames in Metatrader 4 (fxdayjob.com)

Download the converter, make a copy from your download folder, paste it into the mt4 indicators folder (step 2). 

Open the navigator panel in mt4, right click and click Refresh, the new coverter should appear.

Open a M1 Dow, drag and drop the Converter from the Navigator panel onto the M1 and follow the other steps on the web page.

The chart you create is an offline chart (File > Offline charts) driven in realtime by the 1 minute chart you load the converter onto so must keep the M1 chart open for the M2 chart to work.