MT5 Bitcoin Platform Meta Editor Tutorial: Adding Custom Trading Indicators
MT5 Command Line - The MetaEditor language Editor is a programming environment on the MT5 that cryptocurrency traders can use to add new MT5 Custom Indicators, Scripts, Libraries and Include Files which are used in MT5 programming - MT5 Command Line Programming Editor. The MT5 Bitcoin Trading Platform MetaEditor or MetaTrader 5 Command Line MetaEditor is commonly used by Bitcoin Traders who use Automated Bitcoin Trading Automated EAs to place cryptocurrency trades. In this Best MT5 Custom Indicators bitcoin trading tutorial we shall look at how to add a custom indicator on the MT5 platform using the MetaEditor, to learn how to add a new MT5 Automated Crypto EA Automated Bitcoin Bot you can navigate to the: Adding a new MT5 Automated Bitcoin Expert Advisor Bitcoin Trading Guide.
The MetaTrader 5 online bitcoin trading platform MetaEditor environment is illustrated & shown below.
MetaTrader 5 Online Bitcoin Trading Platform MetaEditor Environment - MT5 Command Line
Meta Editor Menu - MT5 Command Line MetaEditor Menu
On MT5 platform, after adding a Bitcoin Indicator a trader will need to compile this newly added cryptocurrency trading custom indicator item so that it can now be recognized by the MetaTrader 5 Bitcoin Trading Platform & start to appear on the MT5 platform Navigator Window in the MT5 Custom Indicators Sub Menu.
Adding a New Bitcoin Trading Custom Indicator in MetaTrader 5 Software
After you have opened the MetaQuotes Language Editor - MT5 Command Line MetaEditor - on your bitcoin platform as shown above (ShortCut Keyboard Key - Press F4 Key), you can then follow steps below:
Step1: Go To File Menu, Then Choose 'New'
Adding Custom Indicators on MT5 - How to Add MT5 Custom Indicators Bitcoin Trading - Bitcoin Trading MT5 Command Line
Step2: On Popup window that appears on your screen choose 'Custom Technical Indicator' & then click next
Adding Custom Indicators on MT5 - Add MT5 Custom Crypto Indicators
Step3: Select and Enter a Name as Shown Below & then Click Next
Creating Custom Bitcoin Indicator in MetaTrader 5
Step4: Specify if MetaTrader 5 Custom Technical Indicator is to appear on a separate window panel or not, Then Click on Finish
Creating Custom MT5 Cryptocurrency Indicator - How to Create Bitcoin Trading MT5 Custom Indicators
For an MT5 custom indicator that is a bitcoin price overlay - do not check this box, and for an oscillator custom MT5 Cryptocurrency Indicator - for example oscillators such as the RSI indicator or Stochastic Oscillator - check the above option.
The Following Program will appear on bitcoin software MetaEditor Window
Adding Bitcoin Trading MT5 Custom Indicators in MetaTrader 5
To program a customized MT5 custom indicator it requires that you're a programmer who knows C plus plus Object Oriented Programming Language, which is the programming language that the MQL4 programming language uses in the programming of the MT5 software. Or you can find the community of MQL4 Programmers and they can program the MT5 Custom Indicator for you.
Step4: Compile
Don't forget to compile, for the MetaTrader 5 Bitcoin Trading custom technical indicator to be recognized by the MT5 bitcoin trading platform: a trader must compile the program - custom indicator program, then close and restart the MT5 platform, just like restarting your computer - you will restart MT5 platform so that the newly added crypto custom MT5 cryptocurrency indicator can begin appearing & be listed on the MT5 Navigator Window - MT5 Custom Indicators Sub Menu.
Compile New Custom Indicator on the MT5 Online Bitcoin Trading Software
If there are no Errors, the bitcoin trading MT5 custom indicator will be compiled successfully without any error as shown above.
Step5: Rebegin MT5 Crypto online software & the new MT5 cryptocurrency trading custom indicator should now be listed on the MetaTrader 5 Navigation Menu as shown below and you can start trading with new added MetaTrader 5 custom indicator.
New MT5 Custom Indicator Added to the Bitcoin Platform - MetaTrader 5 Custom Indicators
How to Add a Downloaded Custom Indicator on MetaTrader 5
If you download MT5 custom technical indicator from a source on the inter-net for example on www.tradebitcointrading.com, and it is now on your computer - to add it to the MT5 platform, follow the steps below:
Step 1: On File Menu of the Meta Editor, Select 'Open'
Open a Downloaded Bitcoin Indicator Using MetaEditor - Crypto Indicators MT5 Custom Indicators
Step 2: Locate the Download Folder from Popup window that appears as illustrated and shown below.
Step 3: Once you open the download MT5 custom indicator that you have downloaded from an internet source it will be displayed on the MetaEditor MetaTrader 5 Work Space - you can then follow the above procedure for compiling the download MT5 custom indicator, once it is compiled without errors, restart your MT5 platform and it will now be added on the bitcoin platform navigator menu & you can start to trade with it on your MT5 Bitcoin Trading Platform.
MT5 Custom Indicators Bitcoin Trading - MT5 Bitcoin Trading Custom Cryptocurrency Indicators.
