digitalpips

MQL4 Custom Indicator Tutorial 1

Posted on December 9th, 2015

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Getting started in custom indicators is a great starting point for your mql development.  I’m going to start these tutorials in mql4 and make mirror tutorials for mql5.  But since mql4 is the most widely used and most brokers might not support mql5 yet we’re going to start there.

 

Getting Started

If your version of metatrader is on mql4 when you create your new custom indicator in metaeditor you will already have a template setup for you.  If you have mql5 you can simply create the indicator , delete the template and insert your own mql4 template.  Here is the bare bones functions we need in any mql4 indicator. I’ve commented most of the code below but lets go over it in some detail as this is the most important step to understanding how metatrader functions.
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Welcome to digital pips

Posted on December 9th, 2015

 At digital pips we will discussing various forex trading strategies and more specifically how to develop custom technical indicators and forex automated trading robots , or referred to in Metatrader – expert advisers.   Hopefully you enjoy some of the tutorials and please let me know anything you would like to see.

Cheers,
Digital pips.