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MT5 Bitcoin Platform Meta Editor Tutorial: Adding Custom Indicators

MT5 Command Line - The MetaEditor language Editor is a programming environment on the MT5 that traders can use to add new MT5 Custom Indicators, Scripts, Libraries and Include Files which are used in MT5 programming - MT5 Command Line Programming Editor. The MT5 Bitcoin Platform MetaEditor or MT5 Command Line MetaEditor is commonly used by Bitcoin Traders who use Automated Bitcoin Trade Automated EAs to place trades. In this Best MT5 Custom Indicators bitcoin tutorial we shall look at how to add a custom trading indicator in the MetaTrader 5 platform software using the Meta Editor, to learn how to add a new MT5 Automated Crypto EA Automated Bitcoin Bot you cango to the: Adding a new MT5 Automated Bitcoin Automated Expert Advisor Bitcoin Guide.

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

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MT5 Online Bitcoin Platform MetaEditor Environment - MT5 Command Line

Meta Editor Menu - MT5 Command Line MetaEditor Menu

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In MT5 trading platform, after adding a Bitcoin Crypto Currency Indicator a btc/usd trader will need to compile this newly added crypto trading custom indicator item so that as it can now be recognized by the MetaTrader 5 Bitcoin Platform and start to appear in the MT5 platform software Navigator Panel in the MT5 Custom Indicators Sub Menu.

Adding a New Bitcoin Custom Indicator in MetaTrader 5 Software

After you have opened the Meta Quotes Language Editor - MT5 Command Line MetaEditor - on your bitcoin platform 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'

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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

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

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

Name of New Custom Indicator in MetaTrader 5 Platform - Adding Custom BTCUSD Technical Indicators MT5

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

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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 indicator or Stochastic Oscillator - check the above option.

The Following Program will appear on bitcoin software MetaEditor Window

Adding Custom Indicator in MetaTrader 5 MetaEditor Programming Environment - Adding Custom BTCUSD Technical Indicators

Adding Bitcoin MT5 Custom Indicators in MT5 Platform Software

To program a customized MT5 custom trading 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 coding language uses in the programming of the MT5 platform software. Or you can find the forum of MQ4 Programmers and they can program the MT5 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 a New Custom Indicator in MetaTrader 5 MetaEditor - MT5 Bitcoin Platform Meta-Editor

Compile New Custom Indicator in the MT5 Online Bitcoin 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 as a trader can start trading with new added MT5 custom trading indicator.

New Custom Indicator Added to Indicator List on MT5 Custom Indicators List Menu - MT5 Bitcoin Platform Meta-Editor

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'

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Open Downloaded Bitcoin Indicator Using MetaEditor - Indicators MT5 Custom Indicators

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

Locate Downloaded Indicator on Your Computer to Install it on MT5

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 as a trader can start to trade with it in your MT5 BTCUSD CryptoCurrency Platform.

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