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MT4 Indices Trading Platform MetaEditor Tutorial: Adding Custom Indicators

MT4 Command Line - The MetaEditor language Editor is a programming environment on the MT4 that stock indexes traders can use to add new MetaTrader 4 Custom Indicators, Scripts, Libraries and Include Files which are used in MetaTrader 4 programming - MT4 Command Line Programming Editor. The MetaTrader 4 stock indexes trading platform MetaEditor or MT4 Command Line MetaEditor is commonly used by Indices Traders who use Automated Indices Expert Advisors to place stock indexes trades. In this Best MetaTrader 4 Custom Indicators indices trading tutorial we shall look at how to add a custom indicator on the MetaTrader 4 stock indexes trading platform using the MetaEditor, to learn how to add a new MetaTrader 4 Indices Expert Advisor Automated Indices Trading Robot you can navigate to the: Adding a new MetaTrader 4 Indices Trading Expert Advisor Indices Tutorial.


The MT4 online indices trading platform MetaEditor environment is shown below.

MT4 MetaEditor Tutorial: Adding Custom Indicators

MetaTrader 4 Online Indices Trading Platform MetaEditor Environment - MT4 Command Line


MetaEditor Menu - MT4 Command Line MetaEditor Menu


MetaEditor Window in MT4 - Indices Indicators MetaTrader 4


On the MT4 stock indexes trading platform, after adding a Indices Indicator a indices trader will require to compile this newly added stock indexes trading custom indicator item so that it can now be recognized by the MT4 Indices Trading Platform and start to appear on the MetaTrader 4 stock indexes trading platform Navigator Window in the MetaTrader 4 Custom Indicators Sub Menu.


Adding a New Custom Indicator on MT4

After you have opened the MetaQuotes Language Editor - MT4 Command Line MetaEditor - on your indices trading platform as shown above (Short Cut Keyboard Key - Press F4), you can then follow the steps below:


Step1: Go To File Menu, Then Select “New”

Best MetaTrader 4 Custom Indices Indicators

Adding Custom Indicators on MetaTrader 4 - How to Add MetaTrader 4 Custom Indicators Stock Indexes - Stock Indexes MetaTrader 4 Command Line


Step2: On the Popup window that appears on your screen select “Custom Indicator” and then click next

How to Add MetaTrader 4 Custom Indicators

Adding Custom Indicators on MetaTrader 4 - Add MetaTrader 4 Custom Indices Indicators


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

Name of New Custom Indicator on MT4

Creating Custom Stock Indexes Indicator on MT4 Platform


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

How to Create MetaTrader 4 Custom Indicators Indices

Creating Custom MetaTrader 4 Stock Indexes Indicator - How To Create Stock Indexes MetaTrader 4 Custom Indicators


For an MetaTrader 4 custom indicator that is a stock indexes price overlay - do not check this box, and for an oscillator custom MetaTrader 4 Stock Indexes Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.


The Following Code will appear on the indices trading platform MetaEditor Window

Adding Custom Indicator on MetaTrader 4 MetaEditor Programming Environment

Adding Stock Indexes MT4 Custom Indicators on MetaTrader 4


To program a customized MetaTrader 4 custom indicator it requires that you are a programmer who knows the C++ Object Oriented Programming Language, which is the programming language that the MQL4 programming language uses in the programming of the MetaTrader 4 indices trading software. Or you can find the community of MQL4 Programmers and they can program the MetaTrader 4 Custom Indicator for you.


Step4: Compile

Do not forget to compile, for the MetaTrader 4 Indices custom indicator to be recognized by the MT4 indices trading platform; a indices trader must compile the program - custom indicator program, then close and restart the MetaTrader 4 stock indexes trading platform, just like restarting your computer - you will restart MetaTrader 4 stock indexes trading platform so that the newly added indices custom MetaTrader 4 stock indices indicator can start appearing and be listed on the MetaTrader 4 Navigator Window - MetaTrader 4 Custom Indicators Sub Menu.

Compile a New Custom Indicator on MT4 MetaEditor

Compile New Custom Indicator on The MetaTrader 4 Online Indices Trading Platform


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


Step5: Restart MT4 Indices online trading platform and the new MetaTrader 4 stock indexes trading custom indicator should now be listed on the MetaTrader 4 Navigation Menu as shown below and you can start trading with the newly added MT4 custom indicator.

New Custom Indicator Added To Indicator List on MetaTrader 4 Custom Indicators List Menu

New MetaTrader 4 Custom Indicator Added To The Indices Trading Platform - MT4 Custom Indicators


How To Add a Downloaded Custom Indicator on MT4

If you download MetaTrader 4 custom indicator from a source on the internet for example on www.tradestockindices.com, and it is now on your computer - to add it to the MetaTrader 4 stock indexes trading platform, follow the steps below:


Step 1: On the File Menu of the MetaEditor, Select “Open”

Indices Indicators MetaTrader 4 Custom Indicators

Open a Downloaded Indices Indicator Using MetaEditor - Indices Indicators MetaTrader 4 Custom Indicators


Step 2: Locate the Download Folder from the Popup window that appears as shown below.

Indices Indicators MetaTrader 4 Custom Indicators


Step 3: Once you open the download MetaTrader 4 custom indicator that you have downloaded from an internet source it will be displayed on the MetaEditor Work Space - you can then follow the above procedure for compiling the download MetaTrader 4 custom indicator, once it is compiled without errors, restart your MetaTrader 4 stock indexes trading platform and it will now be added on the indices trading platform navigator menu and you can start to trade with it on your MT4 Indices Trading Platform.

MetaTrader 4 Custom Indicators Stock Indexes - MT4 Stock Indexes Custom Stock Indexes Indicators.

 

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