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How to install an Expert Advisor (robot) in MetaTrader 4 step by step

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Full Trader
(@fulltrader)
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Installing an Expert Advisor (robot) in MetaTrader 4 is simple if you follow the right steps. In this guide we explain how to load your robot, activate it and leave it trading automatically in a few minutes.

Steps to install the robot

  • Open MetaTrader 4 and go to the File menu and then to Open Data Folder.
  • Enter the MQL4 folder and then the Experts folder.
  • Copy the robot file (.mq4 or .ex4) into that Experts folder.
  • Close and reopen MetaTrader 4, or right click on Expert Advisors and press Refresh.
  • Drag the robot from the Navigator onto the chart of the pair you want to trade.

Enable automated trading

In the window that appears, go to the Common tab and check the box Allow live trading. Then press the Auto Trading button in the top bar until it turns green. If you see a smiling face in the corner of the chart, the robot is active.

Final tip: always test the robot first on a DEMO account for several days before using it with real money. That way you check its behavior without risking your capital.



   
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