How to install custom indicator on MetaTrader 4

custome indicator installation process

This article describes how to install Indicator, Strategie & Expert Advisor in MetaTrader 4 Platform step by step.

This guide assumes that you have opened a MetaTrader 4 platform chart.

1) Locate & download your best of the custom 1.forex indicators 2.forex strategies 3.binary option indicators 4.binary option strategies 5.expert advisors zip file from forex in world trade tools section to your system (desktop, computer).

 

After the zip file is downloaded, just select the file and right click from mouse and click Extract All.

 

custon indicator extract
example for custom indicator extract on desktop

 

 

2) After click Extract All same name unzip folder show on your system.

 

Unzip custon indicator file
unzip custom indicator file

 

 

3) Open this unzip folder and see your main trading tool file is inside with proper name.

 

indicator
indicator file

 

4) Open your MetaTrader 4 platform, Open file from the top options and click Open data folder.

 

mt4 menu option
mt4 menu option

5) Open MQL file and open Indicator folder. and paste file custom indicator file there.

 

After complete this all steps. see how to use a custom indicator on your MetaTrader 4 platform charts.

 

1) Open your MetaTrader 4 platform.

 

2) Locate the Navigator panel, as below.

 

navigator panel
navigator panel

3) On the navigator, search your Custom Indicators for install in MetaTrader 4 platform chart.

 

4) Double click the indicator and the Indicator Properties ans set as per strategy rules like notification alerts, change indication mark coloures as per your think and ok to use.

 

  • custom indicator installation process is completed.

 

 

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6 COMMENTS

  1. I am looking at buying the full version but i need more confidence.

    You say its for any currency? Would i need to tweak the parameters for each currency or could the default functions work at a suitable success rate with the currencies?

    I have set it up as guided for EUR/USD , GBP/USD and USD/JPY but would be interested in the others.

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