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You are here: Home / Metatrader / How to Install Custom MQL4 indicators in Metatrader

How to Install Custom MQL4 indicators in Metatrader

November 14, 2014 by Rajandran 7 Comments

Starting from MT4 Build 600+ onwards Metaquotes has changed metatrader files data structure and so there is a change in Installation of Custom MQL4 indicatorsAdvisors. The change happened majorly because Starting from Windows Vista onwards, Microsoft has introduced a restriction on writing to Program Files directory. And mostly programs are not allowed to store their data in Program Files folder if User Account Control (UAC System) is enabled.

So metaquotes placed all its files, expert advisors, indicators, templates , historical data outside the Program Files folder. Instead the files are placed inside the user data directory stored in a special place called terminal data folder.

 
Steps to Install Custom indicator to Metatrader 4 with Build 600+

1)Download the Custom mql4 indicator in your local computer.
2)Right Click over the mql4 indicator and copy it.
3)To Access the Terminal data folder Open Metatrader->Goto File Menu->Click on Open Data Folder

Custom Indicator
4)Open MQL4 Folder
MQL4 Folder
5)Now Open Indicator Folder and Paste your mql4 file
Install mql4 indicator
6)Now close and Open your Metatrader. Under the Navigation Panel-> Custom Indicators folder to see the newly installed Indicator. Now drag and drop the indicator to the chart to start using it.
Screenshot 2014-11-14 06.44.27

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Filed Under: Metatrader Tagged With: custom indicator, Metatrader, mql4, MT4 build 600

About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

Comments

  1. Panduranga D says

    November 18, 2014 at 5:27 pm

    It is very educative and useful,pl let me know how to cotact U to learn from U, personally

    Reply
  2. Panduranga D says

    November 18, 2014 at 5:31 pm

    It is excellent.I want learn from U personally.Pl indicate timimings to meet this weekend for facilitating myself to be a better trader

    Reply
  3. Prasad says

    February 16, 2015 at 11:16 am

    Hi Sir

    Common Error in MetaTrader 4 Bottom Right please Solve it

    Thanks U

    Reply
  4. rajesh says

    March 6, 2015 at 11:39 am

    can u help me how to upload live mt4 charts to my webpage

    i have my own custom indicator

    Reply
  5. reetha says

    January 20, 2016 at 6:42 pm

    How I can install the 5 mnt future red line symbol and green line symbol

    Reply
  6. shailesh says

    November 16, 2018 at 11:05 pm

    buy sell softwear trial require

    Reply
  7. Darshan says

    July 13, 2019 at 1:50 pm

    We have Need Metatrader Buy /sell Signal Software For Intraday Trade.You Can provide me real time Data.
    how Can we install it Software.

    Reply

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