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How to install an expert-advisor within Metatrader 4

2023-10-23 21:17 General PowerScalper Expert-Advisor Profit-Management Bot
It's very easy and takes you less than 10 minutes to intall an Expert-Advisor in MT4.

To install an Expert Advisor for automated trading, follow these steps:

  • Install the MT4 Software that you have received from your broker on your VPS-Server, if you haven't already done so
  • Open the MT4 platform on your Windows Server
  • Select ‘File’ from the main menu
  • Click on ‘Open Data Folder’ to bring up a new folder panel
  • Select the ‘MQL4’ folder, followed by the ‘Experts’ folder
  • Drag and drop your EA file(s) into this folder
  • Restart MetaTrader 4 Software for your changes to take effect
  • alternativ you can also klick with the right mouse to expert-advisors in the left pane of the software and then klick "refresh" so that all loaded expert-advisors in the /MQL4/Experts folder will be reloaded
Once you see your new EA you can drag it with the left mouse to a chart within your MT4 application.

To see if an EA is currently active, the top right corner of the chart you have applied the EA to will display a smiling face icon.

If you do not see the smiling face icon or you see a sad face, check that the AutoTrading function is active. To switch on AutoTrading, click the ‘AutoTrading' button. You will know the function is active when it displays a green ‘play’ icon. Then try to add the EA again.
To see if an EA is currently active, the top right corner of the chart you have applied the EA to will display a smiling face icon.

If you do not see the smiling face icon or you see a sad face, check that the AutoTrading function is active. To switch on AutoTrading, click the ‘AutoTrading' button. You will know the function is active when it displays a green ‘play’ icon. Then try to add the EA again.

In case you need help you can go to Youtube and look for a MT4 Expert Advisor video. Here is an example therefore

Please check out this video and find out how you can install an expert-advisor within MT4 in general.

https://www.youtube.com/watch?v=leH9PGkLc6Q