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How do I install an Expert Advisor on MT4?

To install an Expert Advisor for automated or algorithmic trading, follow these steps:

  • Open the MT4 platform Select ‘File’ from the main menu
  • Click on ‘Open Data Folder’ to bring up a new folder panel
  • Select the ‘MQL4’ folder, followed by the ‘Experts’ file
  • Drag and drop your EA file(s) into this folder
  • Restart MetaTrader 4 for your changes to take effect

Please consult the EA/Indicator's provider for installation troubleshooting or any issues associated to the EA.

How do I know if my EA is active?

To see if an EA is currently active, the top right corner of the chart you have applied the EA to will display a smiling face icon.
If you do not see the smiling face icon or you see a sad face, check that the AutoTrading function is active. To switch on AutoTrading, click the ‘AutoTrading' button. You will know the function is active when it displays a green ‘play’ icon. Then try to add the EA again.
 
 
 

Additional Information

What are offline charts? Why does my platform not perform the live update? Why are there gaps on my chart? How do I fix these gaps?