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How to apply an EA

Some Forex FatCat Robots (EAs) include up to three (3) separate files in total;

  1. The EA file  (All FatCat robots)
  2. The entry Custom Indicator file  (FatCat X)
  3. The exit Custom Indicator file  (FatCat X, FatCat MA)

 

The Robots which include indicator files require all included files for the EA to operate. Follow the steps below to learn how to apply an EA and Custom Indicator files.

 

How to apply the EA file

Open the Metatrader4 terminal and click in the top left corner on “File > Open Data Folder”.

apply EA

 

Navigate to “MQL4” > “Experts” and copy and paste the EA file.

 

Then restart Metatrader4 or right-click “Expert Advisors”in the ‘Navigator’ window as shown below.

 

The EA will appear in the ‘Navigator’ window under “Expert Advisors”. To open the Navigator window, click on “View“ > “Navigator” or use the shortcut Ctrl+N.

apply an EA

 

Next, double-click the EA or drag and drop it onto a chart and you will see the window pictured below. Check “Allow live trading” and “Allow DLL imports” in the Common tab and select your EA settings in the Inputs tab and click on OK.

how to apply an EA

 

You should see a ‘smiley face’ in the top right corner of the chart you applied the EA to. If you see a ‘sad face’, click on the AutoTrading button at the top of your Metatrader4 terminal.autotrading

 

 

 

How to apply the Custom Indicator files

Open the Metatrader4 terminal and click in the top left corner on “File“ > “Open Data Folder”.

apply EA

 

Navigate to “MQL4“ > “Indicators” and copy and paste the two Custom Indicator files.

 

Then restart Metatrader4 or right-click “Indicators” in the ‘Navigator’ window. The Custom Indicators will now appear in the ‘Navigator’ window under “Indicators”. (To open the Navigator window, click on “View > Navigator” or use the shortcut Ctrl+N).

 

The EA and Indicators are successfully setup after following the steps above.

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