Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

How to Install Custom MQL4 indicators in Metatrader

41 sec read

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

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Algomojo Button Trading Expert Advisor for Metatrader 4 Platform

Here is a video tutorial and button trading expert advisor code for MetaTrader 4 platform. You can use the expert advisor to send automated...
Rajandran R
2 min read

How to Send Orders from Metatrader 4 Expert Advisor…

This tutorial helps you to convert your Metatrader 4 expert advisor to send automated orders to the Algomojo Platform. Currently, Algomojo supported brokers are...
Rajandran R
1 min read

Algomojo Now Supports Multi-Client Trading with Amibroker, Metatrader, Python,…

Yes, from now onwards Multi-Account Execution from trading tools like Amibroker, Metatrader 4 and Metatrader 5, Ninjatrader 7, Ninjatrader 8, Excel is now possible...
Rajandran R
1 min read

7 Replies to “How to Install Custom MQL4 indicators in Metatrader”

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

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

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

    i have my own custom indicator

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

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More