For everybody who is just getting involved in Forex currency trading, there are lots of interesting things to learn about. Probably the most valuable are finding out how to set up or install the custom indicators in the MetaTrader software. MetaTrader4 (MT4) already comes along with the standard list of forex indicators; however, this article will let you know how you can put your personal forex indicators.
Including additional Forex Indicators, Expert Advisors (EA or simply automatic robot) as well as the script file to MetaTrader is among the most popular difficulties that MT4 traders get. MetaTrader 4 includes many forex indicators by default, still from time to time you want to include various other indicators to it. It is extremely simple to do that. You just have to copy and paste the forex indicators, Expert Advisor or script to the proper folder then only restart the MT4 Trading Software.
Exactly why are the Forex Traders puzzled is always that they suppose they need to install the files in the directory that MetaTrader is positioned that is right here:
HOW TO INSTALL FOREX INDICATORS OR EA?
First of all, copy the forex indicators OR Expert Adviser file from your directory (where you saved it).
Open the MetaTrader platform (MT4) on your PC or laptop.
Click on File > Open Data Folder
Open MQL4 folder there.
Now open the Indicators folder OR Experts Folder
Paste your indicators or Experts files there
Now close all folders and your MT4 platform and re-open it and that’s it…!
Once you reopen your MetaTrader platform
Click on Navigators > Indicators OR Expert > find your file > drag and drop on your chart.
NOTE: If you wish to install indicator, you will paste your file in Indicator file if you want to Install Expert Adviser you will need to paste your file in Expert Folder
Same like this you can install:
Templates
servers
Tester
Your Indicators or Experts are now successfully installed on your MetaTrader Trading Software. If you still have a problem, then please don’t hesitate to contact us on a comment section below. FXForever aim is to provide you the Free Forex Training, and soon we will provide you the best Expert Advisors and Forex Indicators in free of cost. Please subscribe our blog if you did not do so.