How to Install Expert Advisor or Indicator

This little tutorial will show you how to install an expert advisor in Metatrader 4 & 5 if you have a compiled (.ex4 or .ex5) version.

■ First download the Expert Advisor or Indicator and then unzip it. Then open your Metatrader and click in the above left corner on [File > Open Data Folder].

■ Then navigate to [MQL4 > Experts] respectively [MQL5 > Experts] folder and copy and paste the file in here. (For Indicators copy the file into the [Indicators] folder instead).

■ Restart your Metatrader. You should be able to see the new EA or Indicator in the Navigator Window.

Important:-  Make sure you copy Expert Advisors in the [MQL4\Experts] folder and in case of Indicator copy in [MQL4\Indicators] folder in MT4. In case of MT5, folders will be [MQL54\Experts] and [MQL5\Indicators] respectively.

Enable "Auto Trading" / "Algo Trading"

■  Enable [Auto Trading] / [Algo Trading] from the MT4/MT5 Toolbar as shown in below image.

■ Go to Tools -> Options -> Exports Tab and Check/Uncheck the checkboxes as below,

■ The Expert Advisor should show up in the Navigator under [Expert Advisors].
To open the Navigator click on [View > Navigator] or with Ctrl+N.

■ Now double-click the EA or drag and drop it to the chart and the below window appears.
In the common tab,

    • Allow live trading
    • Allow DLL Imports

■ At this point, your EA or Indicator should appear on the chart. In case you face any issues feel free to contact us.

Activating License

■ When you are placing EA or Indicator on the chart, you will see a popup window. Go to [Inputs] tab and enter the license key in the field mentioned below. You can find your purchased products license key under your Dashboard area of My Account page.

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