If you want to use custom timeframes with MT4 check this out
MT4i - MT4i Custom Timeframe Generator
It works with EA’s too. Run them on any timeframe you want.
I will try to set my H5 chart, thank you.
I think scalpers will thank you for the opportunity to have a chart with 10 seconds TF :18:
Bah… I can’t stand this kind of things…
Yep opens up new opportunities.
H5 would be interesting. Why would you use H5? You would not see daily patterns?
mt4i have some really good apps. They are very clever.
Banker929
No i do not work for them 
and they are all free downloads.
Just getting in first 
I’m trying to make a 20 minute chart but I can’t figure this out, how would you set this ea to accomplish this?
Hello idude,
If you’re having trouble with that one, you could try another custom indicator for MT4 created by FXCM’s programming team. Found here Custom Time Frames | FXCM App Store . Keep in mind will only operate on FXCM’s MT4.
It’s fairly easy to setup. Just download and run the .exe file to automatically install the custom indicator. When you add the custom indicator to your chart, you will see the input window where you should add M for the time-frame option and 20 for the time frame value. Here’s a screenshot of what it will look like:
-Jason
Thanks for this indicator. It seems to be working for my 70 ticks chart setup. Unfortunately, on the FXCM page it says it only works on their version of MT4 and given FXCM is soo unpopular for their abusive spread, the use of the indicator is only good on a demo account with FXCM and trade live with another broker.
Abusive spread!!! Years ago a spread of 3 pips on EURUSD used to be the norm! FXCM might not be the broker for the scalper but it shouldn’t make a big difference if you’re a swing trader. They do offer a lot of free trainning and tools though.
Hi Keen,
I’m glad to hear you liked our Custom Time Frames indicator for MT4 on FXCMapps.com
It’s important when comparing spreads between brokers to keep in mind what execution model is being used. For example, FXCM offers clients the choice between two types of forex execution: No Dealing Desk (NDD) and Dealing Desk. While we believe that NDD execution provides the best all-around trading experience, we also offer dealing desk execution as an option for traders whose primary concern is low spreads.
Above is a snapshot I took from a table showing the live spreads from brokers regulated in the US, and as you can see, our dealing desk spreads compare favorably with other brokers on the same execution model.
While spreads are important, they are just one factor out of many to consider when choosing a broker along with 24 hour customer support, trading platforms offered, education, and resources (such as the custom indicator you liked). We seek to provide competitive spreads while also delivering great execution and a safe place for you to hold your funds.
It’s no secret that the brokerage industry has been in the midst of a price war for the past couple of years. That combined with lower trading volumes last year have caused many brokers to struggle. There was even a broker in Europe that went bankrupt after trying to entice clients with 0 pip spreads. Last year also saw the failure of a US broker that had previously touted their razor thin spreads. We’ve had other brokers have to pull out of the US after being unable to meet regulatory capital requirements.
If recent events have taught us anything, it’s that the financial stability of the broker you choose can have far greater implications than we previously thought. Unfortunately, the vast majority of these brokers are privately held companies, so it’s hard to know the state of their finances. Are they profitable, or are they barely staying afloat? How can you know whether they are safe place to keep your money?
FXCM is a publicly-traded company (NYSE ticker: FXCM), so information regarding our financial data is readily available. This is one of the reasons for our popularity with traders who have entrusted us with $1.190 billion in client funds as of the latest published data.
Welcome to the forum 
Jason