Simple Setup Guide: Installing HFT EA Bot on MetaTrader 4 PC
MetaTrader 4 (MT4) is a popular trading platform that allows traders to automate their strategies using Expert Advisors (EAs). Follow these simple steps to install the HFT EA bot on MT4.
In order to install this bot on your PC, VPS or laptop you need to download the MetaTrader 4 desktop version from here https://www.metatrader4.com/en. Make sure to download MetaTrader 4.
Some brokers have their own version of MetaTrader 4 which you can also use.
Once downloaded, install MetaTrader 4 on your local PC, VPS or laptop. Now you’re all set, follow the instructions below to get started.
Step 1: Download the HFT EA Bot File
After payment check your emails for the secure link to download the HFT EA Bot. Typically, the file will have a “.ex4” extension. In rare cases it could end up in the junk folder. If you haven’t received the bot after payment email support@hfteabot.com.
Once you have the HFT_EA_Bot.ex4 file save it to your desktop or some where you can locate it easily.
Step 2: Locate the MetaTrader 4 Folder
- Open MetaTrader 4 on your computer.
- Click on “File” in the upper-left corner of the platform.
- Select “Open Data Folder” from the drop-down menu.
Step 3: Access the “Experts” Folder
Within the opened Data Folder:
- Locate and open the “MQL4” folder.
- Inside “MQL4,” find the “Experts” folder.
Step 4: Copy the HFT EA Bot File
- Copy the downloaded “.ex4” file.
- Paste the file into the “Experts” folder.
Step 5: Restart MetaTrader 4
- Close and restart MetaTrader 4.
- This step is crucial for the platform to recognise and load the new EA.
- Alternatively you can right click Expert Advisors in the navigation menu on the left and click Refresh. The HFT EA Bot will show up under Expert Advisors in the navigation menu pane on the left.
Step 6: Enable Automated Trading
- In MetaTrader 4, look for the “AutoTrading” button on the toolbar. It usually red and once AutoTrading is enabled it turns green.
- Ensure the button is activated (green) to enable automated trading.
Step 7: Check the Navigator Window
- On the left side of the MetaTrader 4 platform, find the “Navigator” window (if not visible, press Ctrl + N to display it).
- In the “Navigator” window, look for “Expert Advisors.”
- You should see the HFT EA Bot listed under “Expert Advisors.”
Step 8: Drag and Drop the EA onto a Chart
- Open a price chart for the US30 pair or AUDUSD or the pair you intend to trade. By right clicking on the symbol on the left and clicking Chart Window
- From the “Navigator” window, drag the HFT EA Bot and drop it onto the chart. This is found on the left under Expert Advisors.
- Make sure to select M15 from the timeframe and leave it set to that.
Step 9: Adjust Settings
- A pop-up window may appear, allowing you to adjust settings such as lot size, risk, or other parameters. By default you don’t need to click anything.
- Under the Expert Advisor properties you will see a Common tab, make sure the following options are selected. “Allow live trading” and under Safety “Allow DLL imports”.
- Click “OK” to apply the settings.
Step 10: Confirm EA Activation
- Check the upper-right corner of the chart. You should see a smiley face icon indicating that the HFT EA Bot is active and running.
Congratulations! You’ve successfully installed and activated the HFT EA bot on MetaTrader 4. Make sure to monitor your trading activities and adjust settings as needed. Always test EAs on a demo account before using them in a live trading environment. If you need further help email support@hfteabot.com