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MetaTrader 4 XAUUSD Platform MetaEditor Tutorial: Adding Custom Indicators

MetaTrader 4 Command Line - The MetaEditor language Editor is a programming environment on the MetaTrader 4 that gold traders can use to add new MT4 Custom Indicators, Scripts, Libraries and Include Files which are used in MT4 programming - MetaTrader 4 Command Line Programming Editor. The MT4 gold platform MetaEditor or MetaTrader 4 Command Line MetaEditor is commonly used by XAUUSD Traders who use Automated Gold Expert Advisors to place gold trades. In this Best MT4 Custom Indicators xauusd tutorial we shall look at how to add a custom indicator on the MT4 gold platform using the MetaEditor, to learn how to add a new MT4 Gold Expert Advisor Automated XAUUSD Robot you can navigate to the: Adding a new MT4 Gold Expert Advisor XAUUSD Trading Tutorial.


The MetaTrader 4 online xauusd trading platform MetaEditor environment is shown below.

Best MT4 Custom Indicators Tutorial

MT4 Online XAUUSD Platform MetaEditor Environment - MetaTrader 4 Command Line


MetaEditor Menu - MetaTrader 4 Command Line MetaEditor Menu


XAUUSD Indicators MT4 - MT4 Command Line


On the MetaTrader 4 gold trading platform, after adding a XAUUSD Indicator a xauusd trader will require to compile this newly added xauusd custom indicator item so that it can now be recognized by the MetaTrader 4 XAUUSD Platform and start to appear on the MT4 gold trading platform Navigator Window in the MT4 Custom Indicators Sub Menu.


Best MT4 Custom Indicators Tutorial

After you have opened the MetaQuotes Language Editor - MetaTrader 4 Command Line MetaEditor - on your xauusd trading platform as shown above (Short Cut Keyboard Key - Press F4), you can then follow the steps below:


Step1: Go To File Menu, Then Select “New”

Best MT4 Custom Gold Indicators

Adding Custom Indicators on MT4 - How to Add MT4 Custom Indicators XAUUSD Trading - XAUUSD Trading MT4 Command Line


Step2: On the Popup window that appears on your screen select “Custom Indicator” and then click next

How to Add MT4 Custom Indicators

Adding Custom Indicators on MT4 - Add MT4 Custom XAUUSD Indicators


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

What is MT4 Custom Indicators?

Creating Custom Gold Indicator on MetaTrader 4


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

How to Create MT4 Custom Indicators XAUUSD Trading

Creating Custom MT4 Gold Indicator - How To Create XAUUSD Trading MT4 Custom Indicators


For an MT4 custom indicator that is a gold price overlay - do not check this box, and for an oscillator custom MT4 Gold Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.


The Following Code will appear on the xauusd trading platform MetaEditor Window

XAUUSD Trading MetaTrader 4 Custom Indicators

Adding XAUUSD Trading MetaTrader 4 Custom Indicators on MT4


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


Step4: Compile

Do not forget to compile, for the MT4 XAUUSD Trading custom indicator to be recognized by the MetaTrader 4 xauusd platform; a xauusd trader must compile the program - custom indicator program, then close and restart the MT4 gold platform, just like restarting your computer - you will restart MT4 gold platform so that the newly added xauusd custom MT4 xauusd indicator can start appearing and be listed on the MT4 Navigator Window - MT4 Custom Indicators Sub Menu.

MT4 Custom Indicators Menu List

Compile New Custom Indicator on The MT4 Online XAUUSD Platform


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


Step5: Restart MetaTrader 4 XAUUSD online trading platform and the new MT4 xauusd 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.

New Custom Indicator Added To Indicator List on MT4 Custom Indicators List Menu

New MT4 Custom Indicator Added To The XAUUSD Platform - MetaTrader 4 Custom Indicators


How To Add a Downloaded Custom Indicator on MetaTrader 4

If you download MT4 custom indicator from a source on the internet for example on www.tradeforextrading.com, and it is now on your computer - to add it to the MT4 gold trading platform, follow the steps below:


Step 1: On the File Menu of the MetaEditor, Select “Open”

XAUUSD Indicators MT4 Custom Indicators

Open a Downloaded XAUUSD Indicator Using MetaEditor - XAUUSD Indicators MT4 Custom Indicators


Step 2: Locate the Download Folder from the Popup window that appears as shown below.

Locate Downloaded Indicator on Your Computer To Install it on MetaTrader 4


Step 3: Once you open the 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 is compiled without errors, restart your MT4 gold trading platform and it will now be added on the xauusd trading platform navigator menu and you can start to trade with it on your MetaTrader 4 XAUUSD Platform.

MT4 Custom Indicators XAUUSD Trading - MetaTrader 4 XAUUSD Trading Custom Technical Gold Indicators.


 

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Metals Symbols

Precious Metal Symbol:
Gold - XAUUSD, Silver - XAGUSD, Platinum - XPTUSD, Palladium - XPDUSD

Metal Symbol:
Copper - XCUUSD, Zinc - XZNUSD, Nickel - XNIUSD, Lead - XPBUSD, Aluminium - XALUSD