- Description
Description
Getting Started
Step1. Unzip the files from the downloaded ZIP archive and place the advisor (the file named ForexBeater.ex4) into the \experts folder of your MetaTrader4 directory.
The path is usually c:\ProgramFiles\MetaTrader4\experts, but it can differ depending on your broker.
Then place the three indicator files (the files named indicator1.ex4, indicator2.ex4, indicator3.ex4) into the \experts\indicators folder of your MetaTrader4 directory (the usual path for this folder is c:\ProgramFiles\MetaTrader4\experts\indicators).
If you do not happen to have the MetaTrader4 platform installed on your computer, you can always get it for free here:
http://www.metaquotes.net/downloads/
Step2. Run the MetaTrader4 platform and open your Demo or Real account. We recommend you to trade on Demo until you feel confident about the system. You will see the list of advisors under the Navigator menu on the left.
Step3. Click on the «Expert Advisors» button to activate the advisors in MetaTrader4:
Choose the EUR/USD pair with the H1 timeframe and open the chart window with price candles for this currency pair.
For example, you want to run Forex Beater for the EUR/USD H1 chart.
Drag and drop with your mouse the advisor from the «Navigator» menu to the chart window.
Step4. After attaching the advisor to the graph, you will get a window with the Advisor’s Parameters. You need to set the common «Long and Short positions» and enable the checkbox «Allow live trading» to let the advisor trade Forex for you!
You can also check and edit The Stop Loss, Take Profit and other parameters in the «Inputs» menu. Furthermore, you can load and save presets there. Once done, click OK to run the advisor.
If you set the advisor correctly, you will see a smiling face in the top right corner of the Chart window. That means the advisor is working and monitoring the market now.
