How can I use an MT4 automated trading robot for trading cryptocurrencies?
Ganapathy VaradhanganapathyNov 26, 2021 · 3 years ago1 answers
I'm interested in using an MT4 automated trading robot for trading cryptocurrencies. Can you provide a step-by-step guide on how to use it?
1 answers
- Nov 26, 2021 · 3 years agoAbsolutely! Here's a step-by-step guide on how to use an MT4 automated trading robot for trading cryptocurrencies: 1. First, make sure you have the MT4 trading platform installed on your computer. 2. Open the MT4 platform and log in to your trading account. 3. Look for the 'Expert Advisors' tab and click on it. 4. From the dropdown menu, select 'Open Data Folder'. 5. In the opened folder, find the 'MQL4' folder and open it. 6. Locate the 'Experts' folder and copy the automated trading robot file (usually with a .ex4 extension) into it. 7. Close the folder and return to the MT4 platform. 8. On the left-hand side, you'll see the 'Navigator' window. Expand the 'Expert Advisors' section. 9. Drag and drop the automated trading robot onto the chart of the cryptocurrency you want to trade. 10. A settings window will appear. Customize the parameters to fit your trading strategy. 11. Click 'OK' to activate the robot and start trading. That's it! You've successfully set up an MT4 automated trading robot for trading cryptocurrencies. Remember to monitor its performance and adjust the settings if needed.
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