MetaTrader 4 Platform MetaEditor Tutorial: MetaTrader 4 Software Install Indicators
MT4 Software Install Indicators - The MetaEditor language Editor is a programming environment on the MT4 that traders can use to install MT4 Custom Indicators, Scripts, Libraries and Include Files which are used in MT4 programming - MetaTrader 4 Software Install Indicators Programming Editor.
The MT4 platform MetaEditor or MetaTrader 4 Software Install Indicators MetaEditor is commonly used by Traders who use Automated Gold Expert-Advisors to place trades. In this install MT4 Custom Indicators tutorial we shall look at how to add a custom indicator in the MT4 platform using the MetaEditor, to learn how to add a new MT4 Expert Advisor Automated Robot you can go to the: Adding a new MetaTrader 4 EA XAUUSD Guide.
The MetaTrader 4 online trading platform MetaEditor environment is illustrated and shown below.
MT4 Online Platform MetaEditor Environment - MetaTrader 4 Software Install Indicators
MetaEditor Menu - MetaTrader 4 Software Install Indicators MetaEditor Menu
On the MT4 platform, after adding a Indicator a trader will require to compile this new added custom indicator item so that it can now be recognized by MetaTrader 4 Platform & begin to appear on the MetaTrader 4 platform Navigator Window in the MetaTrader 4 Custom Indicators Sub Menu.
Adding a New Custom Indicator in MetaTrader 4 Software
After you have opened the Meta-Quotes Language Editor - MetaTrader 4 Software Install Indicators MetaEditor - on your platform as displayed above (Short-Cut Key-board Key - Press F4 Key), you can then follow the guide-lines below:
Step1: Go To File Menu, Then Choose 'New'
MetaTrader 4 Software Install Indicators in MT4 - How to Add MT4 Custom Indicators Gold - MT4 Command Line
Step2: On Pop up window which appears on your screen select 'Custom Indicator' & then click next
MetaTrader 4 Software Install Indicators in MT4 - Add MT4 Custom Indicators
Step3: Choose and Enter a Name as Highlighted Below and then Click Next
Creating Custom Indicator in MetaTrader 4
Step4: Specify if MT4 Custom Indicator is to show on a separate panel or not, Then Click Finish
Creating Custom MT4 Indicator - How to Create Gold MT4 Custom Indicators
For an MetaTrader 4 custom indicator that's a price overlay - don't check this box, and for an oscillator custom MT4 Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.
Following Program will pop up on software Meta-Editor Window Panel
Adding MT4 Custom Indicators in MetaTrader 4
To program a customized MetaTrader 4 custom indicator it requires that you're a coder who knows the C plus plus Object Oriented Programming Language, which is the coding language that the MQL4 programming language uses in the programming of the MetaTrader 4 software platform. Or you can find the community of MQ4 Programmers and they can program MT4 Custom Indicator for you.
Step4: Compile
Do not forget to compile, for MetaTrader 4 custom indicator to be recognized by MT4 platform: one must compile the program - custom technical indicator program, then close and rebegin the MT4 platform, just like restarting your computer - you will rebegin MT4 platform so that the new added custom Meta Trader 4 technical indicator can begin appearing and be listed on the MT4 Navigator Window - MT4 Custom Indicators Sub Menu.
Compile New Custom Indicator on the MT4 Online Platform
If there are no Errors, the xauusd Meta Trader 4 custom technical indicator will be compiled successfully without any error as pictured above.
Step5: Rebegin MetaTrader 4 online trading platform & the new MT4 custom indicator should now be listed on the MT4 Navigation Menu as illustrated below and you can start trading with the new added MT4 custom indicator.
New MT4 Custom Indicator Added to the Platform - MT4 Custom Indicators
How to Add a Downloaded Custom Indicator on MT4 Software
If you download Meta Trader 4 custom indicator from a source on the internet for examples on www.tradeforextrading.com, and it's now on your Desktop computer - to add it to the MetaTrader 4 software, follow the steps explained below:
Step 1: On File Menu of Meta Editor Panel, Choose 'Open'
Open Downloaded Indicator Using Meta-Editor - Indicators MT4 Custom Indicators
Step 2: Locate Download Folder location from the Pop up panel that appears as shown and illustrated below.
Step 3: Once you open download MT4 custom indicator that you have downloaded from an internet source it'll be displayed on the MetaEditor Work Space - you can then follow the above procedure for compiling the download MetaTrader 4 custom indicator, once it's compiled without errors, rebegin your MetaTrader 4 software & it will now be added on the platform navigator menu and you can begin to trade with it on your MetaTrader 4 Platform Software.
MetaTrader 4 Custom Indicators Gold - MetaTrader 4 Gold Custom Indicators.
