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CUSTOM MT4 INDICATORS HOW TO
CUSTOM MT4 INDICATORS CODE

The buffer properties describe buffer number, colors and sizes.

The initial properties describe author, website, indicator description and indicator version, which are displayed in the indicator loading window.

The anatomy of our custom indicator is the following: Load the Indicator101 Indicator to the chart, et voilà. SetIndexStyle(1, DRAW_ARROW) // Style to arrow SetIndexBuffer(1, ExtMapBuffer2) // Assign buffer array SetIndexStyle(0, DRAW_ARROW) // Style to arrow SetIndexBuffer(0, ExtMapBuffer1) // Assign buffer array | Custom indicator initialization function #property description "Sample indicator that plots breakout arrows." The basic structure is the same as the generated one.

CUSTOM MT4 INDICATORS CODE

Feel free to copy and paste the code into the Editor, replacing all the generated code. The complete source code of our project is below. The Metaeditor is opened and we are ready to code. Select “OnCalculate(…,open, high, low, close)” and click.

Select “Custom Indicator” from the wizard.Using the wizard makes sure the structure of our indicator is correct. Let’s begin using the MetaEditor Wizard to create a new source code file with the basic structure already laid out for us. This indicator is the simplest of indicators that can be coded in Metatrader4.

CUSTOM MT4 INDICATORS HOW TO

Today I am going to teach you how to code a simple indicator in MQL4 that plots a buy arrow when the high of the last bar is broken, and a sell arrow when the low of the last bar is broken.