1)- Download this trading robot and save it anywhere on your PC.
2)- Open your broker's MetaTrader 4.
3)- Click File > Open Data Folder :
4)- Open MQL4 folder:
5)- Now, you'll see these folders:
6)- We are almost done:
Copy the "FX_eTrader.ex4" file into "Experts" folder.
7)- Restart your MetaTrader 4 platform.
8)- Activate automatic trading of your MT4 before launching the EA (this step is very important!):
In the upper navigation menu click "Tools" -> select Options :
In the opened window open "Expert Advisors" tab and check if: "Allow automated trading" is enabled :
Check if "AutoTrading" is enabled on the MT4 terminal control panel.
In order for your EA to be able to execute trades automatically, this button should be clicked. When turned on the button has a green indication.
9)- Start your Expert Advisor:
Double-click on the EA or drag-and-drop it on the chart. Once you do this a settings window of the Expert Advisor will open.
On the "Common" tab ensure that your EA is allowed to trade automatically and check other parameters as well, such as if alerts are allowed
10)- Ensure that your EA is running:
If the installation and launching processes have been successful, you will see a smiling smiley face at the top right corner of the chart
near your Expert Advisor name.