Make positive that you’ve the newest model of of the free MetaTraderFour platform put in in your laptop (See Help -> About in your MetaTraderFour window). If you don’t have the MetaTraderFour platform, you possibly can obtain it without spending a dime at http://www.metatrader4.com/. If you have got an older model, merely relaunch MetaTraderFour and it’ll robotically give you to improve to the newest model (the software program is not going to work with the previous model of MetaTrader4).
Extract Forex Auto Trader and insert it into the MetaTraderFour platform by merely making a double left click on along with your mouse on the downloaded EXE setup file.
Launch MetaTraderFour and open your Demo or Real account. We advocate you to commerce on Demo till you’re feeling assured in regards to the system. If you don’t have a Forex account, you may get it without spending a dime with any dealer of your alternative that helps MetaTrader4 (similar to InterBankFX.com, FXCM.com, Marketiva.com, Alpari.co.uk and many others).
Open the EUR/USD chart, and choose the M15 timeframe on the higher panel. Then open the checklist of skilled advisors within the Navigator -> Expert Advisors window. FAT will seem there with a grey icon. Drag and drop the file along with your mouse onto the EUR/USD chart.
After you drag and drop the FAT file onto the chart, the settings window will open. In this window, subsequent to “Live Trading” examine the field “Allow live trading” and hit OK
In the higher panel of MetaTrader4, hit the Expert Advisors button to have the image on this button change from a purple sq. to a inexperienced arrow (by doing this you launch FAT on the EUR/USD chart).
After all of the above actions are taken, within the higher proper nook of your chart it is best to see the phrase ForexAutoTrader and a smiley face subsequent to it, and within the window Terminal beneath the Journal tab the next discover will seem: “Expert FAT EUR/USD,M15: Loaded successfully”. If you don’t get the smiley face, it means FAT will not be launched.
The skilled advisor works solely with launched MetaTraderFour and your laptop being turned on and linked to the Internet. Switching your laptop off will disrupt the buying and selling course of and isn’t advisable.
If you encounter difficulties with the setup course of, please, watch the setup video on the backside of this web page or go to Help -> Help Topics in your MetaTraderFour platform and enter the phrases Expert Advisors there.
Please, observe that it usually takes a number of days for the software program to make a commerce (on Saturdays and Sundays the Forex market is closed). There will likely be each profitable and shedding trades, however ultimately of the month the variety of profitable trades will exceed the variety of the shedding ones, leaving you in a considerable revenue.