How to Install and Add an Expert to MT4 Platform [Visual Guide]

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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.

Installing an Expert Advisor
Installing an Expert on MetaTrader 4

#2 Transfer the Expert File

In the newly opened window, navigate to the "MQL4" folder.

How to transfer the Expert file
To install an "Expert" go to the "MQL4" folder

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

Transferring the executable Expert Advisor file
Installing the Expert on MT4

#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.

How to add an Expert Advisor to MetaTrader 4
To add an Expert to the MT4 chart, click "Navigator."

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.

Running to MT4
Confirmation for running the Expert on MetaTrader 4

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

FAQs

What is the difference between Expert Advisors and Indicators?

Indicators are used for market analysis and providing visual signals, whereas Expert Advisors execute trades automatically.

Do I need to activate a specific option to run an Expert Advisor?

You need to activate the "Auto Trading" option to allow the Expert Advisor to execute trades automatically.

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