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MT4 XAUUSD Platform MetaEditor Guide: Adding Custom Technical 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 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 in MetaTrader 4 platform using the MetaEditor, to learn how to add a new MT4 Gold Expert Advisor Automated XAUUSD Robot you can go to the: Adding a new MetaTrader 4 Gold Expert Advisor XAUUSD Trading Guide.

The MT4 online xauusd trading platform MetaEditor environment is illustrated & shown below.

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MT4 Online XAUUSD Platform MetaEditor Environment - MetaTrader 4 Command Line

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On the MT4 platform, after adding a XAUUSD Indicator a trader will require to compile this new added xauusd 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 MT4 Custom Indicators Sub Menu.

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

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

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Step2: On Popup window that appears on your screen select "Custom Technical Indicator" and then click next

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

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

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

Following Program will pop-up on the xauusd platform MetaEditor Window

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Adding XAUUSD MT4 Custom Indicators on MetaTrader 4

To program a customized MetaTrader 4 custom indicator it requires that you're a programmer who knows the C plus plus Object Oriented Coding Language, which is the programming language that the MQL4 programming language uses in the programming of the MT4 software. Or you can find the community of MQL4 Programmers & they can program MetaTrader 4 Custom Indicator for you.

Step4: Compile

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

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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: Rebegin MetaTrader 4 XAUUSD online platform & 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 new added MT4 custom indicator.

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

If you download MetaTrader 4 custom technical 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 MT4 platform, follow the steps below:

Step 1: On File Menu of the MetaEditor Window, Select "Open"

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

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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 MT4 custom indicator, once it is compiled without errors, restart your MT4 platform and it will now be added on the xauusd platform navigator menu & you can start to trade with it on your MetaTrader 4 XAUUSD Platform.

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