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How to install Forex
robots for metatrader 4 Any of the
novice traders eventually discovers automatic trading, fortunately, Forex resources are simply overflowing with free and paid
trading bots who want to try to test or even start trading them. Therefore,
in this article we will talk about how to install a Forex
robot on a trading account in MT4. This article is the best tutorial
programming robot metatrader 4. STEP 1. Download The FXrobot First of
all, it should be remembered that the Forex Advisor
is not magic that brings money to its owner, but a program that contains the
algorithm of trading in certain conditions expressed in one or more files. The
trading robot is a application
with the extension. mq4 or. ex4. There is no
difference for an ordinary trader:. mq4 is a file with open source, which terminal will
compile in the counselor. ex4 is the compiled EA.
One can download clear robots MT4 for free. STEP 2. Install expert advisor
files into the folder metatrader 4 Now you
need to install each soft in the appropriate directory of our MetaTrader 4 terminal. ·
The ea file (.ex4 or mq4) copy or transfer
to the directory C:\ProgramFiles\ MetaTrader 4\
MQL4\ Experts ·
Archive with additional indicators unpack(!) to directory C:\ProgramFiles\
MetaTrader 4\ MQL4\ Indicators ·
Library file copy (move) into the directory C:\ProgramFiles\ MetaTrader 4\ MQL4\ Libraries ·
Settings file copy (transfer) to the folder C:\ProgramFiles\ MetaTrader 4\ MQL4\ Presets STEP 3. The installation of an
expert advisor on the chart Start or
restart the MetaTrader 4 terminal if it was
launched before. Before
installing the EA on the chart, we need to configure the terminal to work
with trading robots MT 4. To do this, press Ctrl + O or on the terminal panel
go to the tabs "Tools" — "Settings". In the
settings window that appears, go to the "Expert.A."
tab and configure the terminal. STEP 4. Install an expert advisor
on the chart On the
terminal panel, click the "Navigator" button, on the panel that
appears on the left, go to the "Expert Advisors" tab, find our auto
program and drag it to the chart of the currency pair we need. STEP 5. Setting the forex advisor After you
take the robot to the chart of the currency pair, the EA settings window
appears. Now we
need to configure our expert Advisor to work. To do this, go to the
"General" tab and tick all the fields. If
settings files were attached to the EA (.set), to install them go to the tab
"Input parameters", click "Load", in the window that
appears, find the desired file and click "Open". After setting the
settings from the file autotool click
”OK”. STEP 6. Start trading with forex advisor After
clicking the "OK" button, the EA settings window disappears, and
the name of the expert Advisor is displayed in the upper right corner of the
chart. On the
terminal panel, check the Auto-trade button. If it is red – click, it will
turn green, it means that the installed expert works. Do not
expect that the Forex robot will start trading
immediately after installation. This is a program. It will open trade only
when there are conditions inherent in its algorithm. |
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