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MT5 Bitcoin Platform Meta Editor Tutorial: Adding Custom Indicators

MT5 Command Line - The MetaEditor language Editor is a programming environment on the MetaTrader 5 that 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 Platform MetaEditor or MetaTrader 5 Command Line MetaEditor is commonly used by Bitcoin Traders who use Automated Bitcoin Trade Automated EAs to place trades. In this Best MT5 Custom Indicators bitcoin tutorial we shall look at how to add a custom indicator in the MetaTrader 5 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 Automated EA Bitcoin Crypto Currency Guide.

The Meta Trader 5 online bitcoin platform MetaEditor environment is illustrated & shown below.

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MT5 Online Bitcoin Platform MetaEditor Environment - MT5 Command Line

Meta Editor Menu - MT5 Command Line MetaEditor Menu

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On MetaTrader 5 trading software, after adding a Bitcoin Crypto Currency 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 Platform & start to appear on the MT5 platform Navigator Window in the MT5 Custom Indicators Sub Menu.

Adding a New Bitcoin Custom Indicator in MT5 Platform

After you have opened the Meta Quotes Language Editor - MT5 Command Line MetaEditor - on your bitcoin platform as shown above (ShortCut Keyboard Key - Press F4 Key), you can then follow guidelines below:

Step 1: Go To File Menu, Then Select 'New'

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Step2: On Popup panel that appears on your screen choose 'Custom Indicator' & then click next

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Step3: Select & Enter a Name as Shown Below & then Click Next

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Step4: Specify if MetaTrader 5 Custom Indicator is to appear on a separate window panel or not, Then Click on Finish

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For an MetaTrader 5 custom technical indicator that is a btcusd price overlay - do not check this box, & 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 Meta-Editor Window

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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 coding 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.

Step 4: Compile

Don't forget to compile, for the MetaTrader 5 Bitcoin custom technical indicator to be recognized by the MT5 btcusd crypto software: one must compile the program - custom indicator program, then close and restart the MT5 trading software, just like rebeginning your computer - you'll restart MetaTrader 5 software so that the new added crypto custom MT5 cryptocurrency indicator can begin appearing & be listed on the MT5 Navigator Window - MT5 Custom Indicators Sub Menu.

Compile a New Custom Indicator in MT5 MetaEditor - MT5 Bitcoin Platform Meta-Editor

Compile New Custom Indicator in the MetaTrader 5 Online Bitcoin Software

If there are no Errors, the bitcoin MT5 custom indicator will be compiled successfully without any error as shown above.

Step5: Rebegin MT5 online software & the new MT5 cryptocurrency trading custom indicator should now be listed on the MT5 Navigation Menu as shown below and you can start trading with new added MetaTrader 5 custom indicator.

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How to Add a Downloaded Custom Indicator in MT5

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 PC Desktop computer - to add it to the MetaTrader 5 trading software, follow the steps highlighted below:

Step 1: On File Menu of the Meta Editor, Select 'Open'

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Step 2: Locate the Download Folder from Popup panel that appears as shown and illustrated below.

Locate Downloaded Indicator on Your Computer to Install it on MT5

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's compiled without errors, restart your Meta Trader 5 software and it will now be added on the bitcoin platform navigator menu and you can start to trade with it on your MT5 BTCUSD Crypto Software.

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