You just have to follow some simple process to install forex trading system in your MetaTrader 4. Without any delay let’s get started.
Step 1: Download Your Trading System
First of all you have to figure out which trading system you want to download. At the bottom of the article you will see a download button. Click it and download the system.
Step 2: Extract the Downloaded Files and Copy Ex4 files to Indicators Folders
Once you download the trading system file, extract it. Now, copy Ex4 and MQL4 files under indicators folder and paste it to MetaTrader>Files>Open Data Folder> MQL4 >Indicators folder.
Read More: Introduction to Metatrader 4
Once the indicators are copied to indicators folder, go to MT4 and hit Ctrl+Nto open navigator window. Right click in the navigator window and select refresh.
Step 4: Load the Template
Template does the job of installing forex trading system easier. You do not have to load each and every indicator individually; template will do it for you. Once you refresh the navigator windowyou will see your indicators list there. Now, to load templates, right click on the main chart window and select template and choose load template option. Allocate template file (.Tpl file) which comes with your downloaded system. Once you load your template, you will see your favorite forex trading system at work.
Sometimes if the system doesn’t work as it should, you must restart your MT4. To make sure that your trading system is installed correctly you can simply compare your chart with the images we put on our forex trading system article. You can change the colors of the indicators used in the trading system and you can even change the parameters if you think you should.