Using Metatrader 4 to Trade Forex Robots

O.K if you have ever purchased or intend to purchase a forex robot (expert advisor or ea) then you are well on your way to making money. It's true the forex robot can and will make you money once set up but that is where some people fall down, not all are technically minded and have immense trouble actually setting up there robot. Don't give up though it really is quite easy and once you get the hang of it all are basically the same.

So once you have purchased your forex robot you will need to find a broker who supports metatrader 4, there are plenty around and can be found through Google (although make sure you do your research). Once you have your brokers metatrader 4 platform installed the next thing you need to find is the .ex4 file that you received when purchasing your forex robot, now I suggest saving this to your desktop so you can actually see the .ex4 icon (do not try and open this as you will get an error message).

Now we need to navigate to the experts folder for your metatrader 4 brokers account, so we goto start (bottom left of most computers), click on 'my computer', now double click on local disk c:/, now double click program files, now navigate to your metarader 4 brokers account and double click on this, now double click on the experts folder. You will now have your experts folder open which we need to drag and drop the .ex4 file that is sitting on your desktop into. Once you have done this close down all the open windows and start your metatrader 4 platform, you will now see the forex robot sitting under the experts tab and you can now let the robot begin trading and making you money