How To Automate Your Forex Trading.

The process of how to automate forex trading is simple and straight forward. In this guide i 'll show you step by step on how to automate trade in forex using MT-4 (metatrader-4) platform.

Step 1 - Download and install MT-4 from any broker you wish to use on your computer. After successful download, the platform will prompt you to open a demo account. please do that.

Step 2 - Get the expert advisor you intend to use saved on your desktop. you need Expert advisor to automate MT-4 without Expert advisor, MT-4 is just like any other platform.

Step 3 - Close the MT-4. By now you should have your demo account opened on it. Don't worry just close it.

Step 4 - Click on "My Computer" from your desktop.

Step 5 - Click on "Local Disk (c:)"

Step 6 - Locate the Program File and double click on it.

Step 7 - Locate the folder "MetaTrader - name of your broker" and double click on it.

Step 8 - Locate the "expert" and double click on it.

Step 9 - On your desktop where the expert advisor was saved, right click on it to copy and paste it into expert folder.

Step 10 - Close the operation on step 9.

Step 11 - Double click trading platform on your desktop, locate the Expert Advisor at the top menu of your trading platform and click once. Make sure you click on the currency pair you which to trade at the left corner under the MARKET WATCH. For example EUR/USD or GPD/USD or USD/JPY.

Step 12 - Double click at the + sign at the expert advisor. You will notice your new expert advisor you ve just included. Right click on it, a pop-up box will come up to input your variables. Most importantly, "Allow live trading" must be checked under the common tab . Click OK. If you did everything right you will see a tiny smiling face at the top right corner hand of the chart with the name of the expert advisor program you are running next to it. Your automated trading is now up and running.