MT5 Bitcoin Platform Meta Editor Tutorial: Adding Custom Indicators

MT5 Command Line - The Meta-Editor is a coding space in MT5. Traders use it to build new custom indicators, scripts, libraries, and include files for MT5 coding. MT5 Command Line Programming Editor. The MT5 Bitcoin Platform MetaEditor helps Bitcoin traders who run auto trade EAs to make trades. In this top MT5 custom indicators Bitcoin guide, we cover adding a custom trading tool to the MetaTrader 5 software with the Meta Editor. To learn adding a new MT5 auto crypto EA or Bitcoin bot, check the guide on adding a new MT5 auto Bitcoin expert advisor.

The Meta Trader 5 online bitcoin platform Meta Editor environment is illustrated & shown below.

MT5 Online Bitcoin Platform Meta-Editor Environment - MT5 Command Line

Meta Editor Menu - MT5 Command Line MetaEditor Menu

In the MT5 trading platform, after incorporating a Bitcoin Crypto Currency Indicator, a btc/usd trader must compile this newly added custom indicator so that it can be recognized by the MetaTrader 5 Bitcoin Platform and subsequently appear in the MT5 software's Navigator Panel under the Custom Indicators Sub Menu.

Adding a New Bitcoin Custom Indicator in MetaTrader 5 Software

After you've opened the Meta Quotes Language Editor - MT5 Command Line MetaEditor - on your bitcoin crypto platform software just as is shown above (Shortcut key-board Key - Press F4 Key), you can then follow rules below:

Step 1: Go To File Menu, Then Choose & Select 'New'

Adding Custom Indicators on the MetaTrader 5 Platform - How to Add MT5 Custom Indicators Bitcoin - Bitcoin MT5 Command Line

Step2: On Popup panel that appears on your screen select and choose 'Custom Trading Indicator' & then click next

Adding Custom Indicators in the MT5 - Add MT5 Custom Crypto Indicators

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

Developing Custom Bitcoin Indicator on the MT5 Platform

Step4: Specify if MT5 Custom Indicator is to appear on a separate window panel or not, Then Click on Finish

Developing Custom MT5 CryptoCurrency Indicator - How to Make Bitcoin MT5 Custom Indicators

For an MT5 custom technical indicator that's a btcusd price overlay - do not check this box, & for an oscillator custom MT5 Crypto Indicator - for example oscillators indicators such as RSI technical indicator or Stochastics Oscillator - check the above option.

The Following Program will appear on bitcoin software MetaEditor Window

Adding Bitcoin MT5 Custom Indicators in MT5 Platform Software

To code a custom MT5 indicator, you need programming skills in C++ object-oriented language. MQL5 uses this for MT5. Or join the MQ4 programmers forum. They can build the custom indicator for you.

Step 4: Compile

Do not forget to compile, for the MT5 Bitcoin custom indicator to be recognized by the MT5 btcusd crypto software: a trader must compile the custom indicator program code, then close & restart the MT5 software platform, just like rebeginning your computer - you'll restart MT5 software so that as the new added crypto custom MT5 cryptocurrency indicator can begin appearing & be listed on the MT5 Navigator Window - MT5 Custom Indicators Sub Menu.

Compile New Custom Indicator in the MT5 Online BTCUSD Software

If there are no Errors, the bitcoin MT5 custom indicator will be compiled & added successfully without any error like is shown above.

Step5: Rebegin MT5 online software & the new MT5 cryptocurrency trading custom indicator should now be listed on the MT5 Navigation Menu just as shown below and you can start trading with new added MT5 custom trading indicator.

New MT5 Custom Indicator Added to the Bitcoin Software - Meta Trader 5 Custom Indicators

How to Add a Downloaded Custom Indicator on the MT5 Platform

If you download MT5 custom indicator from a source on the inter-net for example on www.tradeforextrading.com, and it is now on your computer - to add it to the MetaTrader 5 trading platform, follow the steps high-lighted below:

Step 1: On File Menu of the Meta Editor, Select and Choose 'Open'

Open Downloaded Bitcoin Indicator Using MetaEditor - Indicators MT5 Custom Indicators

Step 2: Locate the Download Folder from Popup panel that appears like shown below.

Step 3: Once you as a trader open the download MT5 custom indicator that you've downloaded from an internet source it will be shown and displayed on the MetaEditor MT5 Work Space - you can then follow the above procedure for compiling the download MT5 custom indicator, once it is compiled without errors, restart your Meta Trader 5 software and it will now be added on the bitcoin platform software navigator menu & you can begin to trade with it in your MT5 BTCUSD CryptoCurrency Platform.

MT5 Custom Indicators Bitcoin - MT5 Bitcoin Custom Indicators.

Study More Topics and Tutorials:

Trade Bitcoin Trading

MT5 Bitcoin Platform Meta Editor Tutorial: Adding Custom Indicators

Adding a New Bitcoin Custom Indicator in MetaTrader 5 Software

How to Add a Downloaded Custom Indicator on the MT5 Platform