MetaTrader 5 XAUUSD Trading Software MetaEditor Tutorial: Adding Custom Trading Indicators
MT5 Command Line - The MetaEditor language Editor is a programming environment on the MT5 that xauusd traders can use to add new MetaTrader 5 Custom Indicators, Scripts, Libraries and Include Files which are used in MetaTrader 5 programming - MT5 Command Line Programming Editor. The MetaTrader 5 Gold Trading Platform MetaEditor or MT5 Command Line MetaEditor is commonly used by Gold Traders who use Automated Gold Trading Automated Expert Advisors to place xauusd trades. In this Best MetaTrader 5 Custom Indicators gold trading tutorial we shall look at how to add a custom indicator on the MetaTrader 5 platform using the MetaEditor, to learn how to add a new MetaTrader 5 Automated Gold Expert Advisor Automated Gold Trading Robot you can navigate to the: Adding a new MetaTrader 5 Automated Gold Trading Expert Advisor Gold Trading Tutorial.
The MT5 online gold trading platform MetaEditor environment is shown below.
MetaTrader 5 Online Gold Trading Platform MetaEditor Environment - MT5 Command Line
MetaEditor Menu - MT5 Command Line MetaEditor Menu
On the MT5 platform, after adding a Gold Indicator a trader will require to compile this newly added xauusd custom indicator item so that it can now be recognized by the MT5 Gold Trading Platform and start to appear on the MetaTrader 5 platform Navigator Window in the MetaTrader 5 Custom Indicators Sub Menu.
Best MetaTrader 5 Custom Indicators Tutorial
After you have opened the MetaQuotes Language Editor - MT5 Command Line MetaEditor - on your gold trading platform as shown above (Keyboard Short Cut Key - Press F4), you can then follow the steps below:
Step1: Go To File Menu, Then Select "New"
Adding Custom Indicators on MetaTrader 5 - How to Add MetaTrader 5 Custom Indicators Gold Trading - Gold Trading MetaTrader 5 Command Line
Step2: On the Popup window that appears on your screen select "Custom Indicator" and then click next
Adding Custom Indicators on MetaTrader 5 - Add MetaTrader 5 Custom Gold Indicators
Step3: Choose and Enter a Name as Shown Below and then Click Next
Creating Custom Gold Technical Indicator on MT5
Step4: Specify if the MetaTrader 5 Custom Indicator is to appear on a separate window or not, Then Click Finish
Creating Custom MetaTrader 5 XAUUSD Indicator - How to Create Gold Trading MetaTrader 5 Custom Indicators
For an MetaTrader 5 custom indicator that is a xauusd price overlay - do not check this box, and for an oscillator custom MetaTrader 5 XAUUSD Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.
The Following Code will appear on the gold trading platform MetaEditor Window
Adding Gold Trading MT5 Custom Indicators on MetaTrader 5
To program a customized MetaTrader 5 custom indicator it requires that you are a programmer who knows the C plus plus Object Oriented Programming Language, which is the programming language that the MQL4 programming language uses in the programming of the MetaTrader 5 software. Or you can find the community of MQL4 Programmers and they can program the MetaTrader 5 Custom Indicator for you.
Step4: Compile
Do not forget to compile, for the MetaTrader 5 Gold Trading custom indicator to be recognized by the MT5 gold trading platform: a trader must compile the program - custom indicator program, then close and restart the MetaTrader 5 platform, just like restarting your computer - you will restart MetaTrader 5 platform so that the newly added gold custom MetaTrader 5 gold indicator can start appearing and be listed on the MetaTrader 5 Navigator Window - MetaTrader 5 Custom Indicators Sub Menu.
Compile New Custom Indicator on the MetaTrader 5 Online Gold Trading Platform
If there are no Errors, the xauusd MetaTrader 5 custom indicator will be compiled successfully without any error as shown above.
Step5: Restart MT5 Gold online trading platform and the new MetaTrader 5 xauusd custom indicator should now be listed on the MetaTrader 5 Navigation Menu as shown below and you can start trading with the newly added MT5 custom indicator.
New MetaTrader 5 Custom Indicator Added to the Gold Trading Platform - MT5 Custom Indicators
How to Add a Downloaded Custom Indicator on MT5
If you download MetaTrader 5 custom indicator from a source on the internet for example on www.tradegoldtrading.com, and it is now on your computer - to add it to the MetaTrader 5 platform, follow the steps below:
Step 1: On the File Menu of the MetaEditor, Select "Open"
Open a Downloaded Gold Indicator Using MetaEditor
Step 2: Locate the Download Folder from the Popup window that appears as shown below.
Step 3: Once you open the download MetaTrader 5 custom indicator that you have downloaded from an internet source it will be displayed on the MetaEditor MT5 Work Space - you can then follow the above procedure for compiling the download MetaTrader 5 custom indicator, once it is compiled without errors, restart your MetaTrader 5 platform and it will now be added on the gold trading platform navigator menu and you can start to trade with it on your MT5 Gold Trading Platform.
MetaTrader 5 Custom Indicators Gold Trading - MT5 Gold Trading Custom XAUUSD Indicators.
