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MT4 Crude Oil Platform MetaEditor Guide: Adding Custom Trading Indicators

MT4 Oil Trading Platform Command Line - The MetaEditor language Editor is a programming environment on the MT4 that crude oil traders can use to add new MT4 Custom Indicators, Scripts, Libraries and Include Files which are used in MT4 programming - MT4 Command Line Programming Editor. The MT4 platform MetaEditor or MT4 Command Line MetaEditor is commonly used by Oil Traders who use Automated Oil Trading EAs to place crude oil trades. In this Best MT4 Custom Indicators oil tutorial we shall look at how to add a custom indicator on the MT4 platform using the MetaEditor, to learn how to add a new MT4 Crude Oil EA Automated Oil Trading Bot you can navigate to the: Adding a new MT4 Crude Oil EA Oil Tutorial.

The MT4 online oil trading platform Meta Editor environment is shown and illustrated below.

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MetaTrader 4 Online Oil Trading Platform Meta Editor Environment - MT4 Oil Platform Command Line

Meta Editor Menu – MT4 Command Line MetaEditor Menu

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On MetaTrader 4 software, after adding a Oil Indicator a oil trader will require to compile this newly added oil custom indicator item so that it can now be recognized by the MT4 Oil Trading Software & start to appear in MetaTrader 4 platform Navigator Window in the MT4 Custom Indicators Sub Menu.

Best MetaTrader 4 Custom Oil Indicators Tutorial

After you have opened the MetaQuotes Language Editor – MT4 Oil Trading Platform Command Line MetaEditor – on your oil trading platform as displayed above (ShortCut Key-board Key - Press F4 Key), you can then follow the steps below:

Step1: Go To File Menu, Then Choose "New"

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Step2: On Popup window that pops on your screen select "Custom Technical Indicator" and click next

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Step3: Choose & Enter a Name as Shown Below & then Click Next

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Creating Custom Crude Oil Indicator on MT4 Oil Software

Step4: Specify if MT4 Custom Indicator is to appear on a separate window or not, Then Click Finish

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For an MetaTrader 4 custom indicator that is a crude crude oil price overlay – do not check this box, & for an oscillator custom MT4 Crude Oil Indicator – for example oscillators such as the RSI oil technical indicator or Stochastic Oscillator - check the above option.

The Following Program will pop up on oil software Meta-Editor Window

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Adding Crude Oil Trading MT4 Custom Indicators in MT4 Oil Software

To program a customized MetaTrader 4 custom indicator it requires that you are a programmer who knows C plus plus Object Oriented Coding Language, which is the programming language that the MQL4 programming language uses in the programming of the MT4 oil trading software. Or you can find the community of MQL4 Programmers & they can program the MT4 Custom Indicator for you.

Step4: Compile

don't forget to compile, for MT4 Oil Trading custom indicator to be recognized by the MT4 oil platform: a oil trader must compile the program - custom indicator program, then close and restart the MT4 platform, just like restarting your computer - you will restart MT4 platform so that the newly added oil custom MT4 oil indicator can start appearing and be listed on the MT4 Navigator Window - MT4 Custom Indicators Sub Menu.

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Compile New Custom Indicator on MT4 Online Oil Software

If there are no Errors, the oil MT4 custom indicator will be compiled successfully without any error as shown above.

Step5: Rebegin MT4 Oil online trading software and the new MT4 oil custom indicator should now be listed on the MT4 Navigation Menu as shown below and you can start trading with the newly added MetaTrader 4 custom indicator.

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How to Add a Downloaded Custom Trading Indicator on MT4 Oil Trading Software

If you download MT4 custom indicator from a source on the internet for example on www.tradegoldtrading.com, & it is now on your PC computer - to add it to MetaTrader 4 platform, follow steps below:

Step 1: On File Menu of the Meta-Editor, Choose "Open"

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Step 2: Locate Download Folder from the Popup panel that pops up as illustrated below.

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Step 3: Once you open download MT4 custom indicator that you have downloaded from an internet source it will be displayed on the MetaEditor Work Space - you can then follow the above procedure for compiling the download MT4 custom indicator, once it's compiled without errors, re-start your MetaTrader 4 platform and it will now be added on the oil trading platform navigator menu and you can begin to trade with it on your MT4 Oil Trading Platform.

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