MT4 Platform MetaEditor Tutorial: Adding Custom 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/Coding Editor. The MetaTrader 4 software MetaEditor or MT4 Command Line MetaEditor is commonly and often used by Traders who use Automated EAs to place forex trades. In this Best MT4 Custom Trading Indicators forex tutorial we shall explore how to add a custom indicator on MetaTrader 4 software 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 MetaTrader 4 platform software, after adding a Trading Indicator a fx trader will need to compile this newly added custom indicator item so that as it can now be recognized by the MetaTrader 4 Software Platform & begin to appear in MT4 platform software Navigator Window in the MT4 Custom Trading Indicators Sub Menu.

Adding a New Custom Indicator on MetaTrader 4 - Best MT4 Custom Trading 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 Indicators on MetaTrader 4 - How to Add MT4 Custom Trading Indicators Forex

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

Adding Custom Trading Indicators on MetaTrader 4 - Add MT4 Custom Indicators

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

Creating Custom Indicator in MT4

Step4: Specify if MT4 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 - e.g. oscillators trading indicators like 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 Indicators in MT4

To code a customized MT4 custom indicator it requires that you are a coder who knows the C++ Object Oriented Programming 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 forum of MQL4 Programmers and they can program the MetaTrader 4 Custom Technical Indicator for you.

Step4: Compile

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

Compile New Custom Indicator on the MT4 Online Forex Platform

If there are no Errors, the forex MT4 custom indicator will be compiled & added successfully without any error as illustrated above.

Step5: Rebegin MT4 online software & 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 Software

If you download MT4 custom indicator from a source on the inter-net for example on www.tradeforextrading.com, & it's 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 as a trader open the download MT4 custom indicator that you've downloaded from an internet source it will be shown and displayed on the Meta-Editor Workspace - you can then follow the above method for compiling the download MT4 custom trading indicator, once it's compiled without errors, re-start your MT4 software & it will now be added on the trading platform navigator menu & you as a trader can start to trade with it in your MT4 Software.

MT4 Custom Indicators Forex - MetaTrader 4 Custom Trading Indicators.

Learn More Topics & Tutorials:

Trade Forex Trading

MT4 Platform MetaEditor Tutorial: Adding Custom Indicators Tutorial

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

How to Add a Downloaded Custom Indicator in MetaTrader 4 Software