iForex indicators.com

Custom indicator - an indicator, written in specialized language MetaQuotes Language, built-in software MetaTrader. MT4 custom indicators can be found in experts\indicators subdirectory of the terminal

directory (e.g. C:\Program Files\MetaTrader 4\experts\indicators).

Let’s look in more detail the creation of custom forex indicator. To do this, run the editor MetaEditor.
Start Metatrader - Tools - Editor MetaQuotes Language 4.

The process of creating custom indicator for mt4 also does not cause great difficulty:
File - Create - custom indicator

Next, you need to fill in the required fields:
Name - the name that you gave the indicator;
Author - the name of the developer;
Link - the site of the author;
Options - list of input parameters of the indicator.

OK, the most interesting. Setting the indicator to be used in the code indicator. To add a variable, click Add - give the variable name and the parameter to be used.

But that's not all. We must also note which will be shown a custom indicator: in a separate window or in a window graphics quotes, value (if necessary), as well as the number of indicator arrays. The values of members of indicator arrays are used to display lines on the chart. In other words, an indicator array is the detection indicator lines.

That's all. File with the source code will be placed in MetaTrader4\ experts\ indicators, in case if you want to share it with anyone else.


Adding a custom indicator for MT4 to the chart.

To add an indicator on the chart, you need to use the instructions that are described in here.

To Embed forex indicator in Metatrader is very easy. There are two ways to do this:
1. With the help of technology "drag and drop.

Click "Navigator", select the desired indicator. For example, let there be Alligator. We take it and drag the mouse over the chart.

Then there is the context menu options of the indicator. They can be set as soon as possible and later by clicking on the button OK.
2. The second method is
Insert menu - Indicators - Bill Williams - Alligator.

That's all. Adding the forex indicator in metatrader 4 was excellent. Now you can continue to work and trade.

Editing custom indicator.

Editing custom indicator can be made with two clicks. Click the right mouse button context menu indicator in the navigator pane. Select "Edit".

Deleting custom indicator.

To delete custom indicators from the group window "Navigator - Custom Indicators" with context menu command "Delete".

But remember that custom indicators have a number of features that should be taken into account. Therefore the use of a large number of user indicators increases the work time of the terminal.