MT4Basics:How to installEA

Now you have understoodMT4Some practices of the indicator tools provided by the platform are now available for you to enterMT4It's time for the next stage of training:How to install expert consultants.

An expert consultant inforeign exchangeIn the world, it is called“EA”Basically, it is a program that you install on the platform, and once it meets a certain standard, it will automatically follow the instructions of the trader.

In a sense, you can call it "automatic trading" because you can enter without even touching the mouse and keyboard.

useEAThe advantage is that if you already have a mechanical system, you can create oneEATo copy the operation required after your system gives you a signal.

This is particularly useful if you enjoy doing long right trades, or if you don't have time to trade in front of a computer.

However, when we discuss how to installEAPreviously, it should be noted that many people providedEAThe project may not be as advertised.

They will tell you, theirEAThe system allows them to bring thousands ofpip。

We are not saying that this is impossible, but unless they show you the statements audited by a reputable third-party accounting firm, you will not believe them.

Don't be fooled by their flashy advertisements and promises of higher returns!

The best way is to create it yourselfEA。 We don't lie - it's not particularly easy, you may need to take some time to figure it out, but if it's easy, would everyone do it right?

We strongly recommend that you learn and understand all aspects of any expert consultants you plan to use.

IfEATaking the moving average as the center, make sure you know whether it uses a simplified or exponential moving average and how many bars it covers.

If it uses randomness, make sure you know what settings are used to generate the signal.

Remember, this is the money you have earned hard, and you have to entrust it to the computer program here.

Once you knowEAofinsAnd out, you can start loading it on the terminal!

Step Description:installEA

step1:transfer files

1. Create or download aEARecord the location where it was saved.
2. Select and copy the one you want to installEAFile.
3. seekMetaTrader4folder. This is usually located in theC:Driver.
4. Paste the file into the experts folder. Pop up a pop-up window requesting administrator privileges;If so, click 'Continue'.

step2:stayMT4Installation on platformEA

1. Start yourMT4Platform.
2. Find the Expert Advisor section in the navigation pane on the left side of the platform. Click on the plus sign and availableEAsIt should be listed there.
3. Click on the one you want to installEAAnd drag and drop it onto a chart on the platform.

step3:Adjusting Settings

1. A pop-up box will display yourEASettings for.
2. Click onOKBefore, ensure that all settings and alarms are correct.

changeEAset up

Once again, I remind you that you should not blindly use itEA。

Test it on the demonstration first, and then understand all its contents before investing in it!