MT4 Software MetaEditor Tutorial: Adding MetaTrader 4 Chart Point and Figure Chart Custom Indicators
The MetaEditor language Editor is a programming environment on the MT4 that traders can use to add new MetaTrader 4 Chart Point & Figure Chart Custom Indicators, Scripts, Libraries and Include Files which are used on MetaTrader 4 programming. MetaTrader 4 software Meta-Editor is commonly used by Traders who use Automated Expert Advisors to place trade transactions.
In this Best MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators tutorial we shall look at how to add a MetaTrader 4 Chart Point and Figure Chart Custom Indicator on the MT4 platform using the MetaEditor, to learn how to add a new MetaTrader 4 Expert Advisor Automated Bot you can go to the: Adding a new MetaTrader 4 EA Tutorial.
The MetaTrader 4 online trading platform MetaEditor environment is illustrated and shown below.
MetaTrader 4 Online Software MetaEditor Environment
Meta-Editor Menu
On the MT4 platform, after adding a Indicator a trader will require to compile this newly added custom indicator item so that it can now be recognized by MetaTrader 4 Platform and start to appear on MetaTrader 4 platform Navigator Window in the MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators Sub Menu.
Adding a New MetaTrader 4 Chart Point and Figure Chart Custom Indicator on MetaTrader 4
After you have opened the MetaQuotes Language MetaEditor on your MetaTrader 4 software as shown above (Short-Cut Key-board Key - Press F4 Key), you can then follow these steps below:
Step1: Go To File Menu, Then Select "New"
Adding MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators on MetaTrader 4 - How to Add MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators Tutorial
Step2: On the Pop-up window panel that appears on your screen choose "MT4 Chart Point and Figure Chart Custom Indicator" and then click next
Adding MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators on MetaTrader 4 - Add MT4 Custom Indicators
Step3: Select & Enter a Name as Displayed Below & then Click Next
Developing Custom Technical Indicator in MetaTrader 4
Step4: Specify if MetaTrader 4 Chart Point and Figure Chart Custom Indicator is to appear on a separate window or not, Then Press Finish
Developing Custom MetaTrader 4 Indicator - How to Create MT4 Chart Point and Figure Chart Custom Technical Indicators
For an MT4 Chart Point & Figure Chart Custom Indicator that is a gold price overlay - do not check this box, and for an oscillator custom MetaTrader 4 Indicator - for example oscillators such as the Stochastic indicator or MACD indicator - check the above option.
Following Program will popup on the MetaTrader 4 platform Meta-Editor Window
Adding Gold MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators on MT4
To program a customized MT4 custom indicator it requires that you are a programmer who knows the C plus plus Object Oriented Coding Language, which is the programming language that the MetaTrader 4 MQL4 coding language uses in the programming of the MetaTrader 4 software platform. Or you can find the community of MQL4 Programmers & they can program MT4 Chart Point & Figure Chart Custom Indicator for you.
Step 4: Compile
Don't forget to compile, for the MetaTrader 4 Chart Point and Figure Chart Custom Indicator to be recognized by the MT4 trading platform: a trader must compile the program - MT4 Chart Point and Figure Chart Custom Indicator program, then close & restart the MetaTrader 4 software, just like rebeginning your computer - you will restart MetaTrader 4 platform software so that the new added custom MetaTrader 4 indicator can start appearing & be listed on the MetaTrader 4 Navigator Window Panel - MT4 Chart Point and Figure Chart Custom Technical Indicators Sub Menu.
Compile New MetaTrader 4 Chart Point and Figure Chart Custom Indicator on the MT4 Online Software
If there are no Errors, MT4 Chart Point and Figure Chart Custom Indicator will be compiled successfully without any error as shown above.
Step5: Restart MT4 online platform and the new MT4 Chart Point and Figure Chart Custom Indicator should now be listed on the MetaTrader 4 Navigation Menu as shown below and you can start trading with the new added MetaTrader 4 Chart Point and Figure Chart Custom Indicator.
New MetaTrader 4 Indicator Added to the Platform - MT4 Chart Point and Figure Chart Custom Technical Indicators
How to Add a Downloaded MetaTrader 4 Chart Point and Figure Chart Custom Indicator on MT4
If you download MetaTrader 4 Chart Point and Figure Chart Custom Indicator from a source on the internet for example on www.tradeforextrading.com, and it's now on your PC computer - to add it to MT4 software, follow the steps discussed below:
Step 1: On File Menu of the MetaEditor Window, Select "Open"
Open Downloaded Indicator Using MetaEditor
Step 2: Locate the Download Folder location from the Popup panel that pops up as illustrated & shown below.
Step 3: Once you open the download MetaTrader 4 Chart Point and Figure Chart 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 Chart Point and Figure Chart Custom Indicator, once it's compiled without errors, restart your MetaTrader 4 platform & it will now be added on the platform navigator menu and you can begin to trade with this MT4 Chart Custom Indicator on your MT4 Platform Software.
MetaTrader 4 Chart Point and Figure Chart Custom Technical Indicators Gold - MetaTrader 4 Gold Custom Technical Gold Indicators.