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How to install an Expert Advisor (EA) on a server.

How to install an Expert Advisor (EA) on a server

  1. Download the EA from the developer's website or DO NOT copy across from your PC to the server. In most cases, these should consist of two types of files:-
    1. Executable files (.EX4), these are used to run the EA in your MetaTrader terminal
    2. EA source code (.MQ4), these can be viewed in the MetaEditor and used to make adjustments to the EA
    3. Always check your EA documentation in case there are other file types included.
  2.  The EA files need to be located in the Data folder for the Metatrader terminal. To locate this folder do the following:-
    1. Launch the MetaTrader terminals.
    2. Click "File" (in the upper navigation window) followed by "Open Data Folder".
    3. This will open your Data Folder. You can then open the "MQL4" folder -> "Experts" Folder.
    4. Inside the expert folder copy across your .ex4 and .mq4 files.
    5. If these are other files included, unzip and place the unzipped folder in the Experts folder.
    6. If there are custom indicators (.dll) files these need to be placed in the MQL4 -> Libraries folder.
    7. If your EA has specific installation instructions it is recommended you follow these instruction
  3. Restart your Metatrader terminal and check that the EA is listed in the Navigator window under Expert Advisors

How to Start an Expert Advisor (EA)

  1. Check your EA settings.
    1. In the upper navigation menu click "Tools" followed by "Options" then open the "Expert Advisors" tab and check the following:-
      1. “Allow automated trading” is enabled
      2. “Allow DLL imports” is enabled in case your EA uses .dll files
      3. If your EA is designed for some specific financial asset or time frame, for security reasons set “Disable automated trading when the charts symbol or period has been changed”
    2. Check if “AutoTrading” is enabled on the MT4 terminal control panel. This enables your EA to execute trades automatically, this button should be clicked. When turned on the button has a green indication.
  2. Open the chart with the financial asset and time frame that you want to use your EA on.
  3. In the Navigator window open the “Expert Advisors” menu and select the EA that you want to start.
  4. Either Double-Click the EA or drag and drop it onto the chart. This will open the EA Settings window.
  5. Check the “Common” tab and ensure that your EA is allowed to trade automatically and check other parameters, such as whether alerts are allowed (in case your EA uses them) as well as .dll imports (in case your EA uses external .dll files). 
  6. In the "Input" tab check that the settings match your strategy.
  7. Click "OK" and your EA should start working.