How Do I Add a Custom MT5 Indicator on MetaTrader 5?
How Do I Add a Custom MT5 Indicator on MetaTrader 5?
Trading Gold Install a XAUUSD Custom Indicator to Your MT5 Gold Trading Platform
- Download MT5 custom indicator.
- Locate the Custom technical indicator & copy this MT5 custom indicator file.
- Open the data folder in MetaTrader 5.
- Open MQL5 file on MetaTrader 5.
- Locate the Navigator Window.
- On the navigator panel, find the Custom Trading Indicators option.
- Open your Custom indicator by double-clicking the indicator.
- The Custom Technical Indicator Properties window will appear.
- The Custom Trading Indicator Will now be added to your MT5 software.
Trading Gold install custom indicators on MetaTrader 5
Trading XAUUSD Add Custom Indicators to MetaTrader 5
MT5 Gold Platform MetaEditor Guide: Adding Custom Technical Indicators
The Meta-Editor language Editor is a coding environment on the MT5 gold trading software that traders can use to add new Custom Trading Indicators, Scripts, Libraries & Include Files which are used in coding. The MT5 platform MetaEditor is commonly used by Gold traders who use Automated Gold Expert Advisors to place trades. This learn MT5 tutorial we shall look at how to add a custom indicator on the MT5 platform using the MetaEditor, to learn how to add a new Expert Advisor you can go to the: Adding a new MT5 EA MT5 Gold Trading Platform Tutorial.
The MetaTrader 5 online gold platform MetaEditor environment is displayed below.
How to Add a Custom MetaTrader 5 Indicator on MetaTrader 5
MetaEditor Menu
How to Add a Custom MetaTrader 5 Indicator on MetaTrader 5
On MT5 platform, after adding an Indicator a trader will need to compile this newly added item so that it can now be recognized by the MT5 Gold Platform and start to appear on the MT5 platform Navigator Window Panel.
Adding a New Custom Technical Indicator in MT5 XAUUSD Trading
After you have opened the Meta Quotes Language Meta-Editor on your MT5 platform as shown above (Keyboard Short Cut Key - Press F4), you can then follow the steps below:
Step1: Go To File Menu, Then Choose "New"
How to Add a Custom MetaTrader 5 Indicator on MetaTrader 5
Step2: On the Popup panel that pops up on your screen select "Custom Trading Indicator" & then click next.
MT5 Window for Adding Custom Indicator - How to Add a Custom MT5 Indicator on MT5?
Step3: Select and Enter a Name as Shown Below & then Click Next
Name of New Custom Indicator on MetaTrader 5 - How to Add a Custom MT5 Indicator on MT5?
Step4: Specify if it is to appear and show on a separate window panel or not, Then Click on Finish
Custom Technical Indicator Properties Settings - How to Add a Custom MT5 Indicator on MT5?
For an MT5 custom indicator that is a xauusd price overlay - don't check this box, & for an oscillator like the RSI or Stochastic Oscillator - check the above option.
Following Program will pop up in MT5 Gold trade platform MetaEditor Window
Adding Custom Trading Indicator in MT5 Meta-Editor
To program a customized MT5 indicator it requires that you are a programmer who knows the C + + Object Oriented Programming Language, which is the programming language that the MQL5 programming language uses in the programming of the MT5 software. Or you can find the community of MQL5 Programmers and they can program the custom indicator for you.
Step4: Compile
Don't forget to compile, for MetaTrader 5 Gold custom technical indicator to be recognized by the MT5 gold trading platform: one must compile the program, then close and restart the MT5 platform, just like restarting your computer - you will restart MT5 platform so that the new added custom MT5 custom technical indicator can begin appearing & be listed on the MetaTrader 5 Navigator Window.
Compile New Custom Indicator on the MT5 Platform
If there are no Errors, it will be compiled successfully without any error as shown above.
Step5: Restart MT5 online xauusd trading platform & it should now be listed on the MetaTrader 5 Navigation Menu as shown below and you can start trading with newly added custom technical indicator.
New Custom Indicator Added to Indicator List on MetaTrader 5
How to Add a Downloaded Custom Gold Indicator on XAUUSD Trading Software
If you download an indicator from a source on the internet for examples on www.tradegoldtrading.com, and it is now on your computer - to add it to the MT5 platform, follow the steps below:
Step1: On MT5 Gold Platform File Menu of the Meta Editor, Choose "Open"
Add a Downloaded Indicator to MetaTrader 5
Step2: Locate Download Folder from the Popup panel which pops up as illustrated below.
Trading Gold Add Custom Indicators to XAUUSD MT5 Software?
Step3: Once you open the downloaded custom technical indicator it'll be displayed on the MetaEditor Work Space - you can then follow the above procedure for compiling the downloaded MT5 indicator, once it is compiled without errors, restart your MT5 platform and it will now be added on the gold platform navigator menu & you can begin to trade with it on your MetaTrader 5 Gold Trading Platform.
How to Add a Custom MetaTrader 5 Indicator on MetaTrader 5
