
Basic recommendation in case you get to this web page looking learn how to set up an Professional Advisor for MetaTrader, we extremely suggest you first use the MQL5 market to obtain your professional advisors, second to not set up an professional advisor manually if you do not know what kind of code it accommodates or what it does precisely, it may include a dangerous perform to your pc, and third all the time to backtest and ahead take a look at professional advisor on demo account earlier than risking actual cash.
To put in an Professional Advisor for automated or algorithmic buying and selling, comply with these steps:
- Open the MetaTrader 4 or 5 platform
- Choose ‘File’ from the principle menu on the highest left
- Click on on ‘Open Information Folder’ to open the folder
- Choose the ‘MQL4’ or ‘MQL5’ folder
- Then open the ‘Consultants’ folder
- Drag and drop your EA file(s) into this folder
- Restart MetaTrader in your adjustments to take impact or just refresh the professional advisor checklist within the navigation menu
- As soon as MetaTrader is working drag and drop you professional advisor from the navigator menu to your chart
How do I do know an Professional Advisor is presently energetic?
To see if an EA is presently energetic, on the highest proper nook of the chart the place you have got utilized the EA, you should have a smiling face icon
for MT4 and a blue hat
for MT5.


In case you see a tragic face on MT4 or a gray hat on MT5
, verify that the Auto Buying and selling perform whether it is energetic. To change on Auto Buying and selling, click on the ‘AutoTrading’ button in MT4 or the “Algo Buying and selling’ button in MT5. You’ll know the perform is energetic when it shows a inexperienced ‘play’ icon. Then attempt to add the EA once more.
MT5
MT4