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How do I install and apply Indicators on MetaTrader 4?

Install Indicator:

In order to install an indicator for MetaTrader 4 please follow these steps:

Step 1: Navigate to “File” in the upper left hand corner and then select "Open Data Folder"

Step 2: From there navigate to the folder called "MQL4"

Step 3: From there navigate to the folder called "Indicators"

Step 4: Drag and drop the indicators that you want to install into this folder

Step 5: Close the folder windows

Step 6: Close the MetaTrader 4 platform

Step 7: Open the MetaTrader 4 platform and the indicators should be installed

 

Please Note: If after following these steps your indicators are not installed please take the following steps:

  • Ensure that all the steps were followed
  • Ensure that MetaTrader 4 was restarted after the indicator installation
  • If the indicators are still not working please reinstall MetaTrader 4 by downloading here

Please be sure that all profiles and templates are backed up before reinstalling!

 

Apply Indicator On Chart

In order to show the indicator on the chart please follow these steps:

Step 1: Open the chart that you would like to use the indicator on by right clicking on the pair and pressing “Chart Window”

Step 2: Navigate to “Insert” in the tool bar on the top

Step 3: Navigate to "Indicators"

If it is a custom indicator it will be in the section "Custom"

Step 4: Select the desired indicator

Step 5: If a menu opens to configure options navigate to the "Common" tab

Make sure that "Allow DLL Imports" is checked

Step 6: Press Ok

The indicator should now be on your chart.

 

Please Note: If after following these steps your indicators are not showing please take the following steps:

  • Ensure that all the steps were followed
  • Try restarting the MetaTrader 4 and adding the indicator
  • If the indicators are still not working please reinstall MetaTrader 4 by downloading here

Please be sure that all profiles and templates are backed up before reinstalling!

If you are still having issues with indicators, please contact us.