How to install EAs and Custom Indicators:
As most clients already
know, metaquotes has released the updated Metatrader 4 build 600. Build 600 includes
large changes from the previous version. The MT4 version is able to record the
time it takes for orders to be executed. Execution time in general is expected
to be reduced as the MT4 terminal no longer has to establish a second
connection with the broker’s MT4 server in order to send your forex orders to
their execution locations.
As with any technology
advances, these changes mean that there has been a change within the MT4
platform related to where your EAs and indicators are stored. Your indicators
will no longer install the way they were installed previously, but instead
there is a new process to follow. This article
will show you exactly how to install your custom indicators and EAs into the
new MT4 build 600 (or more recent versions).
3 easy steps to install your custom
indicators
Step
1 – Go to file –>
Open Data Folder (note you must follow this step, this is not the same as going
to C:\program files\MT4 terminal. You will see in step 2 that the directory is
stored in C:\users\your name\appdata\roaming\Metaquotes\Terminal)
Step
2 – Double click on MQL4
–> double click on Indicators
And then
Step
3 – Paste the .ex4 file
into the indicators folder (don’t paste other file types such as .mq4 –
MT4 build 600 cannot read the old MQL4 language. If you only have .mql file, then
you can download the .mq4 to .ex4 compiler.
Restart your MT4 terminal and you will see your custom indicator appear.
Our support team are
available to guide you in case you need any assistance. http://www.yadix.com/
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