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HOW TO INSTALL AND ADD A CUSTOM MT4 INDICATOR
Installing and adding a custom Meta Trader 4 (MT4)
indicator is a simple process. All that is required are some basic computer
skills and of course, an MT4 Broker account.
To start with, the custom MT4 indicator file (.ex4)
has to be downloaded from an Email/Download link to Your computer. Downloaded
files are usually automatically downloaded to your Desktop, a Download folder
or a folder previously specified by you. Wherever the Indicator file (.ex4) has
been downloaded to, it now has to be moved to your MT4 Broker Indicators
folder:
- C:\Program Files\MT4 Broker\Experts\Indicators\ or
- C:\Program Files (x86)\MT4
Broker\Experts\Indicators\ or
If your MT4 Broker session is Open you need to close
it and re-start it so it recognises the new indicator.
With a new MT4 Broker session running, to add the
indicator to your chart you must first locate it in the Navigator Window under
Custom indicators and then Double click on it or Drag and Drop it onto the
required chart. If you cannot see the Navigator Window it can be opened by
clicking “View” then “Navigator” or by pressing “N” whilst holding down the
Control key.
You modify a custom MT4 indicator by double clicking
on it or clicking on it and selecting “Edit” when viewing your list of
installed indicators. To view your list of installed indicators:
- Click “Charts” then “Indicators list” or
- Press “I” whilst holding down the Control key or
- Right click any where on your chart and select
“Indicators list”
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