MT4 Platform MetaEditor Tutorial: Adding Custom Indicators Tutorial
MT4 Trading Platform Command Line - The MetaEditor language Editor is a programming environment on the MT4 that forex traders can use to add new MetaTrader 4 Custom Indicators, Scripts, Libraries and Include Files which are used on MT4 programming - MT4 Command Line Programming Editor. MetaTrader 4 platform MetaEditor or MT4 Command Line MetaEditor is commonly used by Forex Traders who use Automated Forex EAs to place forex trades. In this Best MetaTrader 4 Custom Indicators forex trading tutorial we shall look at how to add a custom indicator on MetaTrader 4 platform using the MetaEditor, to learn how to add a new MetaTrader 4 EA Automated Robot you can navigate to the: Adding a new MT4 EA Forex Guide.
The MT4 online trading platform MetaEditor environment is shown and illustrated below.
MetaTrader 4 Trading Platform MetaEditor Environment - MetaTrader 4 Platform Command Line
MetaEditor Menu - MT4 Command Line Meta Editor Menu
On MT4 Forex trading platform, after adding a Indicator a trader will need to compile this newly added forex custom indicator item so that it can now be recognized by the MT4 Trading Platform and begin to appear on MetaTrader 4 platform Navigator Window in the MetaTrader 4 Custom Indicators Sub Menu.
Adding a New Custom Indicator in MT4 - Best MetaTrader 4 Custom Indicators Tutorial
After you have opened the MetaQuotes Language Editor - MT4 Trading Platform Command Line Meta Editor - on your Forex trading platform as shown above (Short Cut Key - Press F4), you can then follow the guidelines below:
Step1: Go To File Menu, Then Choose "New"
Adding Custom Indicators in MetaTrader 4 - How to Add MetaTrader 4 Custom Indicators Forex
Step2: On the Popup window which pops on your screen choose "Custom Indicator" & then click next
Adding Custom Indicators in MetaTrader 4 - Add MetaTrader 4 Custom Indicators
Step3: Choose & Enter a Name as Shown Below & then Click Next
Creating Custom Indicator in MT4
Step4: Specify if the MT4 Custom Indicator is to appear on a separate window or not, Then Click Finish
Creating Custom MetaTrader 4 Indicator - How to Create Forex MetaTrader 4 Custom Indicators
For an MT4 custom indicator that is a price overlay - don't check this box, & for an oscillator custom MT4 Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.
The Following Program will pop-up on the Forex trading platform MetaEditor Window
Adding Forex MT4 Custom Indicators in MetaTrader 4 Software
To program a customized MetaTrader 4 custom indicator it requires that you are a programmer who knows the C + + Object Oriented Coding Language, which is the programming language that the MQL4 programming language uses in the programming of the MetaTrader 4 Forex trading software. Or you can find the community of MQL4 Programmers and they can program the MT4 Custom Indicator for you.
Step4: Compile
Don't forget to compile, for MT4 Forex custom indicator to be recognized by the MT4 platform: a trader must compile the program - custom indicator program, then close and restart the MetaTrader 4 platform, just like re-starting your Desktop computer PC - you'll restart MT4 forex platform so that the newly added forex custom MT4 indicator can begin appearing and be listed on the MT4 Navigator Window - MetaTrader 4 Custom Indicators Sub Menu.
Compile New Custom Indicator in MT4 Online Platform
If there are no Errors, the forex MetaTrader 4 custom indicator will be compiled successfully without any error as illustrated above.
Step5: Rebegin MetaTrader 4 Forex online trading platform & the new MetaTrader 4 forex custom indicator should now be listed on the MetaTrader 4 Navigation Menu as shown below and you can start trading with the new added MetaTrader 4 custom trading technical indicator.
New MT4 Custom Indicator Added To The Platform - MT4 Custom Indicators
How to Add a Downloaded Custom Indicator in MT4 Software
If you download MetaTrader 4 custom indicator from a source on the internet for examples on www.tradegoldtrading.com, and it's now on your PC Desktop computer - to add it to MT4 platform, follow steps below:
Step 1: On File Menu of the Meta Editor Window, Select "Open"
Open a Downloaded Indicator Using Meta-Editor - Indicators MetaTrader 4 Custom Indicators
Step 2: Locate Download Folder from the Pop up panel that pops up as illustrated below.
Step 3: Once you open the download MetaTrader 4 custom indicator that you have downloaded from an internet source it'll be displayed on the MetaEditor Work Space - you can then follow the above procedure for compiling the download MetaTrader 4 custom indicator, once it is compiled without errors, restart your MetaTrader 4 Forex platform and it will now be added on the Forex platform navigator menu and you can start to trade with it on your MT4 Platform.
MT4 Custom Indicators Forex - MT4 Forex Custom Indicators.
