Forex Expert Advisor Installation Guide
📥 Comprehensive Guide to Installing and Setting Up an Expert Advisor (EA) in MetaTrader (MT4 / MT5)
To easily install and activate our trading Expert Advisors on your MetaTrader platform, follow these simple steps:
Step 1: Prepare and Download Files
- Download the Expert Advisor file (with the .ex4 or .ex5 extension) from our website.
- If the downloaded file is in a Zip archive, extract it.
Step 2: Move the File to the MetaTrader Folder
- Open your MetaTrader platform.
- From the top menu, click on File and then Open Data Folder.
- In the window that opens, open the MQL4 folder (for MetaTrader 4) or MQL5 folder (for MetaTrader 5).
- Open the Experts folder.
- Copy and paste the downloaded Expert Advisor file into this folder.
Step 3: Activate in MetaTrader
- Restart MetaTrader (or go to the Navigator panel, right-click on the Experts folder, and click Refresh so the EA appears).
- Open the chart for your desired currency pair or symbol and set the specific timeframe recommended for the EA.
- From the left-hand panel (Navigator section), expand Expert Advisors.
- Find our Expert Advisor name, click and drag it, and drop it onto the chart (Drag & Drop).
Step 4: Final Settings & WebRequest Configuration (Crucial)
In the settings window that pops up, make sure to configure the following:
- Check the “Allow Live Trading” option (under the Common tab).
- Check the “Allow DLL Imports” option (if required).
- Configure WebRequest: Go to the Tools > Options > Expert Advisors tab in MetaTrader, check “Allow WebRequest for listed URL”, and add the address below so the EA can connect properly
- https://precisiontrademanager.com
- Configure your risk levels, lot size, and other custom EA settings under the Inputs tab, then click OK.
Important Note: After completing the installation, ensure that the AutoTrading button on the main top toolbar is Green so the EA has permission to execute trades.