How to add an Indicator to MT4

[ts404]

How do I add a new indicator to MT4?


Pivot Points

Originally Posted by ts404

How do I add a new indicator to MT4?

The indicator is located on this website:

Pivot indicators - Forex Trading

Pivot Points

Make sure MT4 is closed.

Copy indicator to your MT4 folder > experts > indicators.

Start MT4 and you'll find it in the Navigator window under "Customer Indicators".

[ts404]

Thanks In2Blues, works

[ozzy007]

How would you back test your indicators because in MT4 you can only back test macd and moving average?

You're welcome, ts404.

Originally Posted by ozzy007

How would you back test your indicators because in MT4 you can only back test macd and moving average?

Pretty much any indicator can be backtested in MT4. They all work the same way for backtesting.

Are you having trouble backtesting a specific indicator?

[ozzy007]

When i go to the strategy tester in mt4 the only expert advisors there to backtest are macd and moving average. How do you put other indicators there to backtest?

Originally Posted by ozzy007

When i go to the strategy tester in mt4 the only expert advisors there to backtest are macd and moving average. How do you put other indicators there to backtest?

Ah, now that's a different story.

I never use the strategy tester. I manually backtest my strategies so that I can account for the actual times that I'm available to trade, decisions that I would make to possibly stay out of a trade under certain circumstances, etc. That's why I can use all indicators.

Hopefully someone who uses the strategy tester can answer your question.

[ozzy007]

No problem Blues thanks. gl in your trading