MT4 Platform MetaEditor Tutorial: Adding Custom Technical Indicators Tutorial

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

The MT4 online Forex software MetaEditor environment is displayed and illustrated below.

Meta Trader 4 Online Forex Platform MetaEditor Environment - MT4 Command Line

Meta Editor Menu - MT4 Command Line Meta-Editor Menu

On MT4 platform, after adding a Trading Indicator a fx trader will need to compile this newly added custom indicator item so that it can now be recognized by the MetaTrader 4 Platform & begin to appear in MetaTrader 4 platform Navigator Window in the MT4 Custom Trading Indicators Sub Menu.

Adding a New Custom Indicator on MetaTrader 4 - Best MT4 Custom Technical Indicators Tutorial

After you have opened the MetaQuotes Language Editor - MT4 Command Line MetaEditor - on your platform as shown above (Short-cut Key - Press F4), you can then follow the guide lines below:

Step1: Go To File Menu, Then Choose 'New'

Adding Custom Technical Indicators on MT4 - How to Add MT4 Custom Trading Indicators Forex

Step2: On Popup window that pops on your screen choose 'Custom Technical Indicator' & click next

Adding Custom Trading Indicators on MT4 - Add MT4 Custom Indicators

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

Creating Custom Indicator in MetaTrader 4

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

Creating Custom MT4 Indicator - How to Create Forex MT4 Custom Indicators

For an MT4 custom indicator that's a price overlay - do not check this box, & for an oscillator custom MT4 Indicator - for example oscillators trading indicators such as the RSI indicator or Stochastic Oscillator Trading Indicator Technical - check the above option.

Following Program will popup on the platform Meta Editor Window

Adding Forex MT4 Custom Technical Indicators in MetaTrader 4

To code a customized MT4 custom technical indicator it requires that you are a coder who knows the C++ Object Oriented Coding Language, which is the coding language that the MQL4 programming language uses in the coding of the MetaTrader 4 software platform. Or you can find the community of MQL4 Programmers and they can program the MetaTrader 4 Custom Technical Indicator for you.

Step4: Compile

Do-not forget to compile, for Meta Trader 4 custom technical indicator to be recognized by the MetaTrader 4 platform: one must compile the program - custom technical indicator program, then close and rebegin the MT4 software, just like rebeginning your computer - you'll rebegin MetaTrader 4 platform so that the new added custom Meta Trader 4 indicator can start appearing & be listed on the MT4 Navigator Window - MT4 Custom Technical Indicators Sub Menu.

Compile New Custom Indicator on the MT4 Online Forex Software

If there are no Errors, the forex MetaTrader 4 custom indicator will be compiled successfully without any error as illustrated above.

Step5: Rebegin MetaTrader 4 online software and the new MT4 custom indicator should now be listed on the MT4 Navigation Menu as illustrated below and you can start trading with newly added MetaTrader 4 custom trading indicator.

New MetaTrader 4 Custom Indicator Added to the Software - MT4 Custom Indicators

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

If you download Meta Trader 4 custom indicator from a source on the inter-net for example on www.tradeforextrading.com, & it is now on your Desktop computer - to add it to MetaTrader 4 software, follow guidelines below:

Step 1: On File Menu of the MetaEditor Window, Choose 'Open'

Open a Downloaded Indicator Using MetaEditor - Indicators MT4 Custom Indicators

Step 2: Locate the Download Folder from the Popup panel which pops up as illustrated below.

Step 3: Once you open the download Meta Trader 4 custom technical indicator that you have downloaded from an internet source it will be displayed on the Meta-Editor Workspace - you can then follow the above procedure for compiling the download MT4 custom trading indicator, once it's compiled without errors, re-start your MetaTrader 4 platform and it will now be added on the trading platform navigator menu & you can start to trade with it on your MT4 Software.

MT4 Custom Technical Indicators Forex - MetaTrader 4 Custom Technical Indicators.

Learn More Topics & Lessons:

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MT4 Platform MetaEditor Tutorial: Adding Custom Technical Indicators Tutorial

Adding a New Custom Indicator on MetaTrader 4 - Best MT4 Custom Technical Indicators Tutorial

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