Forex AutoTrader 1.4

Description

Make sure that you have the most recent version of of the free MetaTrader4 platform installed on your computer (See Help -> About in your MetaTrader4 window). If you don’t have the MetaTrader4 platform, you can download it for free at http://www.metatrader4.com/. If you have an older version, simply relaunch MetaTrader4 and it will automatically offer you to upgrade to the most recent version (the software will not work with the old version of MetaTrader4).

 

Extract Forex Auto Trader and insert it into the MetaTrader4 platform by simply making a double left click with your mouse on the downloaded EXE setup file.

 

Launch MetaTrader4 and open your Demo or Real account. We recommend you to trade on Demo until you feel confident about the system. If you don’t have a Forex account, you can get it for free with any broker of your choice that supports MetaTrader4 (such as InterBankFX.com, FXCM.com, Marketiva.com, Alpari.co.uk etc).

 

Open the EUR/USD chart, and select the M15 timeframe on the upper panel. Then open the list of expert advisors in the Navigator -> Expert Advisors window. FAT will appear there with a gray icon. Drag and drop the file with your mouse onto the EUR/USD chart.

 

After you drag and drop the FAT file onto the chart, the settings window will open. In this window, next to “Live Trading” check the box “Allow live trading” and hit OK

 

In the upper panel of MetaTrader4, hit the Expert Advisors button to have the symbol on this button change from a red square to a green arrow (by doing this you launch FAT on the EUR/USD chart).

 

After all the above actions are taken, in the upper right corner of your chart you should see the word ForexAutoTrader and a smiley face next to it, and in the window Terminal under the Journal tab the following notice will appear: “Expert FAT EUR/USD,M15: Loaded successfully”. If you don’t get the smiley face, it means FAT is not launched.

 

The expert advisor works only with launched MetaTrader4 and your computer being turned on and connected to the Internet. Switching your computer off will disrupt the trading process and is not advisable.

 

If you encounter difficulties with the setup process, please, watch the setup video at the bottom of this page or go to Help -> Help Topics on your MetaTrader4 platform and enter the words Expert Advisors there.

 

Please, note that it normally takes a few days for the software to make a trade (on Saturdays and Sundays the Forex market is closed). There will be both winning and losing trades, but in the end of the month the number of winning trades will exceed the number of the losing ones, leaving you in a substantial profit.