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MT4 XAUUSD Software MetaEditor Tutorial: Adding Custom Indicators

MetaTrader 4 Command Line - The MetaEditor language Editor is a programming environment on the MT4 that traders can use to add new MT4 Custom Trading Indicators, Scripts, Libraries and Include Files which are used in MT4 programming - MetaTrader 4 Command Line Programming/Coding Editor. The MT4 software MetaEditor or MetaTrader 4 Command Line Meta-Editor is often used by Traders who use Automated Expert Advisors to place trades. In this Best MT4 Custom Trading Indicators tutorial guide we shall explore how to add a custom indicator in MetaTrader 4 software using the Meta-Editor, to learn how to add a new MetaTrader 4 Expert Advisor Automated Robot you cango to the: Adding a new MT4 EA Gold Guide.

The MT4 online trading software Meta-Editor environment is illustrated and shown below.

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MetaTrader 4 Online Platform MetaEditor Environment - MetaTrader 4 Command Line

MetaEditor Menu - MetaTrader 4 Command Line Meta Editor Menu

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On the MetaTrader 4 software, after adding a Trading Indicator a gold trader will require to compile this new added custom indicator item so that it can now be recognized by MetaTrader 4 Software Platform & start to appear on MetaTrader 4 software Navigator Panel in the MT4 Custom Trading Indicators Sub Menu.

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After you have opened the Meta-Quotes Language Editor - MetaTrader 4 Command Line MetaEditor - on your platform like as shown above (Short-cut Key-board Key - Press F4 Key), you as a trader can then follow the guidelines below:

Step1: Go To File Menu, Then Select "New"

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Adding Custom Trading Indicators on MetaTrader 4 - How to Add MT4 Custom Trading Indicators - XAUUSD MT4 Command Line

Step2: On Popup window which appears in your screen choose "Custom Technical Indicator" and then click next

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Step3: Select and Enter a Name as Displayed Below and then Press Next

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Developing Custom Indicator on MT4

Step4: Specify if MetaTrader 4 Custom Technical Indicator is to appear on a separate window or not, Then Press Finish

MetaTrader 4 Gold Platform MetaEditor - Indicators Used in Strategy

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For an MetaTrader 4 custom technical indicator that's a gold price overlay - don't check this box, and for an oscillator custom MT4 Indicator - for example oscillators technical indicators like RSI indicator or Stochastic Oscillator - check the above option.

Following Program will popup on the platform Meta-Editor Window

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Adding MT4 Custom Trading Indicators on MT4

To program a customized MetaTrader 4 custom technical indicator it requires that you're a coder who knows the C-plus-plus Object Oriented Coding Language, which is the coding language that the MQL4 coding language uses in the programming of the MetaTrader 4 software platform. Or you as a trader can find the community forum of MQ4 Programmers & they can program MetaTrader 4 Custom Technical Indicator for you.

Step 4: Compile

Do-not forget to compile, for the MetaTrader 4 XAUUSD custom indicator to be recognized by MetaTrader 4 software: a xauusd trader must compile the program - custom technical indicator program, then close & restart the MetaTrader 4 software, just like rebeginning your computer - you will restart MetaTrader 4 software so that the new added custom MT4 indicator can start appearing and be listed on the MetaTrader 4 Navigator Panel - MetaTrader 4 Custom Trading Indicators Sub Menu.

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Compile New Custom Indicator on the MT4 Online Trading Software

If there are no Errors, the MT4 custom technical indicator will be compiled & added successfully without any compilation error like displayed above.

Step5: Restart MT4 XAUUSD online platform and the new MetaTrader 4 custom indicator should now be listed on the MT4 Navigation Menu like illustrated below and you as a trader can begin trading with the new added MetaTrader 4 custom technical indicator.

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New MT4 Custom Technical Indicator Added to the Platform/Software - MetaTrader 4 Custom Trading Indicators

How to Add a Downloaded Custom Indicator on MetaTrader 4 Platform Software

If you download MetaTrader 4 custom technical indicator from a source on the internet for examples on www.tradeforextrading.com, and it is now in your Desktop computer - to add it to MetaTrader 4 software, follow the steps discussed below:

Step 1: On the File Menu of the Meta-Editor Window, Select "Open"

How to Add Custom Trading Indicators on MetaTrader 4

Open Downloaded Indicator Using Meta-Editor - XAUUSD Indicators MT4 Custom Trading Indicators

Step 2: Locate the Download Folder location from the Pop up panel that shows up as is illustrated and shown below.

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Step 3: Once you open download MetaTrader 4 custom technical indicator which you've downloaded from an online source it will be displayed on the Meta-Editor Work-Space - you then can follow the above method for compiling the download MT4 custom technical indicator, once it's compiled without errors, restart your MetaTrader 4 software & it'll now be added on the trading platform navigator menu & you can start to trade with it in your MetaTrader 4 Gold Platform.

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

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