Expertare advanced tools designed to automate trading processes based on predefined strategies.
Unlike indicators, Expert are specifically created for automating trading activities. Users can visit the MQL5 website to access the download pages for various Expert.
Steps to Install an Expert on MetaTrader 4
After downloading the executable file of the Expert , it needs to be installed on the MetaTrader 4 platform.
#1 Click on "Open Data Folder"
To install an Expert in"MT4", first go to the "File" section in the toolbar above the chart and select the "Open Data Folder" option.

#2 Transfer the Expert File
In the newly opened window, navigate to the "MQL4" folder.

Then, place the executable Expert file in the"Experts" folder and restart the MetaTrader 4 platform.

#3 Running the Expert on a Chart
To run an Expert in "MT4," after installing andrestarting MetaTrader 4, navigate to the "View" section and access the "Navigator" section as shown below.

Then, drag the desired tool from the "Expert" section onto the chart and click "OK" to confirm the execution of the Expert.
Before confirming the execution, activate the "Auto Trading" option as shown below.

Finally, after installing and restarting the platform, the tool will be fully active on the chart and can be used for automated trading.