MT4 Platform Meta Editor Course Tutorial: Adding Custom Indicators
MT4 Command Line - The MetaEditor language Editor is a programming environment on the MetaTrader 4 that traders can use to add new MT4 Custom Technical Indicators, Scripts, Libraries and Include Files which are used on MetaTrader 4 programming - MT4 Command Line Programming Editor. MetaTrader 4 platform MetaEditor or MT4 Command Line Meta-Editor is commonly used by Traders who use Automated EAs to place trades. In this Best MT4 Custom Technical Indicators gold trading guide we shall look at how to add a custom indicator in MetaTrader 4 platform using the Meta-Editor, to learn how to add a new MT4 EA Automated Robot you cango to: Adding a new MetaTrader 4 EA XAUUSD Guide.
The MetaTrader 4 online gold trading platform Meta-Editor environment is displayed below.
MT4 Online Gold Platform MetaEditor Environment - MetaTrader 4 Command Line
MetaEditor Menu - MT4 Command Line Meta-Editor Menu
On MT4 platform, after adding a Gold Indicator one will require to compile this newly added custom indicator item so that it can now be recognized by the MT4 Software & start to appear on MetaTrader 4 platform Navigator Window in the MT4 Custom Technical Indicators Sub Menu.
Best MetaTrader 4 Custom Technical Indicators Guide
After you have opened the Meta-Quotes Language Editor - MT4 Command Line MetaEditor - on your gold platform as shown above (Keyboard ShortCut Key - Press F4), you can then follow steps below:
Step1: Go To File Menu, Then Choose 'New'
Adding Custom Technical Indicators on MetaTrader 4 - How to Add MT4 Custom Technical Indicators XAUUSD - Gold MT4 Command Line
Step2: On the Popup window that appears on your screen choose 'Custom Technical Indicator' and then click next
Adding Custom Technical Indicators on MetaTrader 4 - Add MT4 Custom Gold Indicators
Step3: Select & Enter a Name as Shown Below & then Press Next
Developing Custom Gold Indicator on MT4
Step4: Specify if the MetaTrader 4 Custom Indicator is to appear and show on a separate window or not, Then Click Finish
Developing Custom MT4 Indicator - How to Create MT4 Custom Indicators
For an MetaTrader 4 custom technical indicator that is a price overlay - do not check this box, and for an oscillator custom MT4 Indicator - for example oscillators indicators such as the RSI indicator or Stochastic Oscillator Indicator - check the above option.
Following Program will popup on gold software MetaEditor Window
Adding XAUUSD MT4 Custom Technical Indicators on MT4
To program a customized MT4 custom technical indicator it requires that you are a coder who knows the C + + Object Oriented Programming Language, which is programming language that the MQL4 programming language uses in programming of the MT4 platform. Or you can find the community of MQ4 Programmers & they can program the MT4 Custom Technical Indicator for you.
Step 4: Compile
Do-not forget to compile, for MT4 custom indicator to be recognized by the MT4 software: a xauusd trader must compile the program - custom technical indicator program, then close and rebegin the MT4 platform, just like when you restart your computer - you will restart MT4 platform software so that the newly added gold custom Meta Trader 4 technical indicator can begin appearing and be listed on the MT4 Navigator Window - MT4 Custom Technical Indicators Sub Menu.
Compile New Custom Indicator on the MT4 Online Gold Software
If there are no Errors, the MT4 custom trading indicator will be compiled successfully without any error as illustrated above.
Step5: Restart MetaTrader 4 online software & new MT4 custom indicator should now be listed on the MT4 Navigation Menu as shown below and you can start trading with the newly added MT4 custom technical indicator.
New MetaTrader 4 Custom Technical Indicator Added to the Platform Software - MetaTrader 4 Custom Technical Indicators
How to Add a Downloaded Custom Indicator in MT4 Platform
If you download MT4 custom indicator from a source on the internet for examples on www.tradegoldtrading.com, & it's now on you desktop computer - to add it to MetaTrader 4 software, follow the steps illustrated below:
Step 1: On File Menu of the Meta-Editor, Choose 'Open'
Open a Downloaded Indicator Using MetaEditor
Step 2: Locate the Download Folder from the Pop up panel which pops up as shown below.
Step 3: Once you open the download MT4 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 technical indicator, once it's compiled without errors, rebegin your MT4 platform & it will now be added on the trading software navigator menu & you can begin to trade with it on your MetaTrader 4 Platform Software.
MetaTrader 4 Custom Technical Indicators XAUUSD - MT4 XAUUSD Custom Indicators.
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