How to Install, Load, Run and Edit an Expert Advisor ( EA ) or Indicator On the
Metatrader4 ( MT4 ) Forex Trading Platform
By Financial Resource Group
Bringing profitable Expert Advisors and other forex products to market.
www.MetatraderExpertAdvisors.com
In Metatrader4 there are two types of Expert Advisor and Indicator Files. They are MQL4 and EX4 files. Either will work
on the Metatrader4 platform but only the MQL4 files can be opened and edited with the MetaEditor program that comes
with Metatrader4. The EX4 is the compiled program and cannot be edited.
1. Make sure your Metatrader4 platform is closed.
2. From a website or email download your Expert Advisor or Indicator to a folder on your computer.
3. Locate the file, click on it to highlight it and go to Edit on the Menu bar and select copy or you can also just right
mouse click on the file and select copy.
4. Click open “My Computer” and then click open C Drive, or what ever letter drive that contains your program files,
then click open the Program Files folder.
5. Locate your Metatrader4 folder and click it open. It will probably begin with the name of your forex broker.
6.
In the Program Files folder locate and open the Experts folder and paste the file in this folder if it is an Expert
Advisor File. You can paste by selecting paste from your edit menu or right mouse click and select paste. If it is
an Indicator file, then in the Experts folder locate and click open the Indicators folder and paste the file in that
folder.
7. You can now open the Metatrader4 platform by clicking on the “Terminal” icon located in your Metatrader4 folder.
8. Once the Metatrader4 platform is opened you can now open a chart for a currency pair by going to File on the
Menu bar and choosing “New Chart”. Then choose the time frame by going to Charts on the menu bar, then
“Periodicity” and then choose the time frame you wish to view.
9. There other options to choose from in the Charts menu in order to view your chart to your liking, such as cand